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Oil & Gas
Oil bulls lose faith in recovery as Russia adds to glut
Hedge funds trimmed bullish oil bets for the first time in six weeks, losing faith in a swift recovery as Russia…
Nigeria, Ghana, Gabon have lowest fuel pump price in…
Nigeria, Ghana and Gabon have the lowest fuel pump price in West African sub region. According to latest data on…
Diversifying economy: Lessons from Iran
Over the years, the abundant crude oil in the country has been termed a curse owing to the fact that the huge…
Nigeria arrests oil tycoon as corruption probe widens
oil company chairman interrogated - official
Mercuria pumps $200m to acquire 17% equity in Forte Oil
Nigeria’s energy sector has received a big boost as Mercuria Energy Holding SA, the world's third largest…
Oil up as Russia mulls OPEC talks, rig count drops
Oil rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices have…
Russia says ready to meet OPEC, non-OPEC producers for…
Russia, the world's top oil producer, is ready to meet with OPEC and non-OPEC oil producers to discuss the…
Shell starts production from Bonga Phase 3 project…
Shell Nigeria Exploration and Production Company (SNEPCo) has started production from the Bonga Phase 3 project.…
NNPC sues NNPG, CAC, others over infringement on…
Nigerian National Petroleum Corporation Retail Limited has sued Natural Network Petroleum and Gas Company Limited…
Eunisell records significant leap on Qua Iboe Field
Eunisell Solutions has achieved a milestone of 100,000 plus man-hours without loss time incident on one of the…
Diesel glut set to weigh on crude prices
The collapse in oil prices has been a boon for the world’s refineries, boosting margins and the profitability of…
NCDMB and oil majors to discuss Nigerian Content and…
Over the last five years, the Nigerian Oil and Gas Industry Content Development Act (NOGICDA) has arguably been the…