International Oil Companies (IOCs) operating in Nigeria may have devised means to compel the Federal Government into changing its fiscal policy on the Petroleum Industry Governance...
There are indications that the coming on stream of the $16 billion Egina project will enhance the revenue profile of Nigeria and other stakeholders as plans...
The price of crude oil rose further Thursday exceeding $68 per barrel, its highest since May 2015, supported by unrest in Iran and raising concern about...
Vice President Yemi Osinbajo Tuesday called on militants to stop attacking oil pipelines and instead join other stakeholders to fully maximize the oil while it still...
Nigerian equities traded on the tight balance of profit-taking and bargain-hunting on Tuesday but increased demand for the most influential stocks on the market tilted the balance to...
It took police pleading and cajolling to avert what could have been a return to violence in Port Harcourt, the main oil community in Nigeria’s Niger...
Tension is mounting among member-countries of the Organization of Petroleum Exporting Countries (OPEC) as final preparations towards it Wednesday, November 30, 2016 meeting in Algeria reaches...
The Minister of Finance, Kemi Adeosun, has voiced what may be the official position of the Federal Government over the current economic crisis the nation is...
Dealing with pimples can be traumatic, but itchy ones are downright annoying! While people of any age can deal with pimples, they are most common in...
The Federal Executive Council, FEC, has pegged $42.5 benchmark for oil for the 2017 budget as it approves a two year Medium Term Expenditure Framework, MTEF....
Former Minister of Aviation, Femi Fani-Kayode has said that he is praying for President Muhammadu Buhari to find oil in the North. He said that the...
Despite widespread lamentations over the state of the Nigerian economy, the Minister of Information, Culture and Tourism, Alhaji Lai Mohammed, Thursday insisted that President Muhammadu Buhari...
The Ugandan Ministry of Energy and Mineral Development said it has selected three Nigerian firms to explore oil in that country. The firms are WalterSmithPetroman Oil...
President Muhammadu Buhari has given the Nigerian National Petroleum Corporation, NNPC, the marching order to find crude oil in the north eastern part of the country....
Niger Delta Avengers, on Monday, once again bombed another crude oil pipeline, this time, a pipeline operated by ExxonMobil. Spokesperson of the militant group, Brigadier General...
A civil society group, Campaign for Democracy (CD) has tasked President Muhammadu Buhari on the reduction of the cost of governance in the face of the...
The Minister of Finance, Mrs. Kemi Adeosun has disclosed that the Federal Government plans to inject N350 billion into the economy on quarterly basis so as...
The Nigeria National Petroleum Corporation (NNPC) has terminated the Offshore Processing Agreements (OPAs) contracts awarded to some companies during the last administration of President Goodlucck Jonathan....
Instead of destroying local refineries tagged as illegal, Oil Producing Area Association of Nigeria (OPAAN) has appealed to the federal government to legalise such refineries, so...
If all goes well, Lagos may soon join the league of oil producing states in the country as Panoro Energy ASA, the independent E&P company with...
It is time to admit the inadmissible: Nigeria does not have a sustainable gas master plan, whatever the subject of pontification on it. Gas infrastructure policy?...
Authorities in Utah were set to release all 21 of the protesters arrested during a demonstration against a Canadian company’s efforts to develop one of the...
