Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production. According to ...

ShareTo curb oil theft and protect the economy, stakeholders involved in securing the Trans Niger Delta Pipeline have pledged ...

ExxonMobil is committing $1.5 billion to deepwater oil and gas exploration in Nigeria, reflecting its confidence in the ...

Long before independence in 1960, Nigerians were already amassing fortunes through trade, enterprise, and innovation. These ...

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Wednesday said that the government has outlined key strategies to address the impact of falling oil prices ...

DUBAI, United Arab Emirates (AP) — A U.S. airstrike on an important oil port held by Yemen’s Houthi rebels killed more than 70 people and wounded many others, the Iranian-backed rebel group ...

A US airstrike on an important oil port held by Yemen's Houthi rebels killed more than 70 people and wounded many others, the Iranian-backed rebel group said Friday, marking a major escalation in ...

(Bloomberg) -- The US attacked a key Yemen oil port controlled by the Houthis overnight and killed dozens of people, according to the Iran-backed militants, raising the specter of a widening ...

DUBAI, United Arab Emirates -- A U.S. airstrike on an important oil port held by Yemen's Houthi rebels killed more than 70 people and wounded many others, the Iranian-backed rebel group said ...