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Oil & Gas
Oil prices steady after 5 days of declines, but…
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude…
New gas policy creates $51bn investment opportunities in…
Nigeria’s latest gas policy encapsulated in Ibe Kachikwu’s 7Big Wins has created $51 billion worth of investment…
Oil prices rise on Nigeria pipeline attack, weaker…
Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed…
The “7 big wins”: repositioning Nigeria’s oil & gas…
Nigeria’s black gold market is fast becoming unattractive both to local and international investors due to several…
Oil Falls on ‘Most Bearish Report of All Time’
Oil prices dropped sharply Wednesday as weekly inventory data revealed a much larger-than-expected increase in…
Reps tackle oil companies over $5bn gas flaring,…
Members of the House of Representatives on Tuesday expressed concern over the lackadaisical attitude of oil…
OPEC oil output hits new record in Nigeria, Libya
OPEC's oil output is likely to set another record high in October, a Reuters survey found on Monday, as Nigerian…
NNPC accuses oil marketers of sabotaging PMS importation
While oil marketers blame a lack of forex for abandoning the importation of petrol to the Nigerian National…
ExxonMobil’s financial reporting under scrutiny
The company faces questions about its reserves and asset valuations as oil slumps
ExxonMobil prides itself on…
Oil falls as non-OPEC yet to pledge concrete output…
Oil prices extended declines on Monday after non-OPEC producers made no specific commitment to join OPEC in…
Exxon facing historic reserves reduction as slump…
Exxon Mobil Corp. warned it may be facing the biggest reserves revision in its history as production sank to a…
‘Curbing import of substandard lubricants will spur…
Industry players in the Nigerian downstream sector of the oil and gas industry are optimistic that curbing the…