LAGOS-OPEC’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude price drop, OPEC’s secretary general said...
ABUJA-President Goodluck Jonathan has approved the retention of four per cent of royalties on oil and gas concessions and other revenues as the cost of collection...
….MOSOP President, Ogoni Monarch to brainstorm with stakeholders to fine tune restoration project By Josephine ADAMA ABUJA-Efforts by the Federal Government to seek an enduring solution...
CALABAR-The Flag Officer Commanding (FOC) Eastern Naval Command, Rear Admiral Charles Obiora-Medani, has disclosed that Nigeria now loses 800,000 barrels of crude oil monthly to thieves...
LAGOS-FRENCH Oil giant Total has named the executives to replace Christophe de Margerie, the executive chairman who died in a plane crash in Moscow on Monday....
LAGOS-The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth. The U.S. benchmark price dropped to $79.78 a...
LAGOS-Almost 30 percent of global oil and gas discoveries made over the last five years were in sub-Saharan Africa, reflecting growing global appetite for African resources,...
LAGOS-Offshore West Africa is pleased to announce the release of the conference programme and Pre Event Guide for the 19th annual Conference & Exhibition which sees...
LAGOS-THERE are high indications that the United States of America and a major part of its western allies may no require Nigerian crude oil to...
Italy’s Eni S.p.A. signed two production sharing contracts (PSC) with Vietnam’s state-owned oil and gas company PetroVietnam Monday for exploration blocks 116 and Block 124, located...
