ExxonMobil has confirmed plans to invest $1.5 billion in Nigeria's deepwater exploration and development for the next two ...

Countries across Africa are preparing for the projected oil boom, and Nigeria is taking its position in the offshore ...

By Olisa Mbakwe Like a master builder laying the foundation for a towering skyscraper, Engr. Gbenga Komolafe is constructing ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

In the early 2010s, Nigeria was a rising star in Africa’s economic story. The country was not just the most populous on the ...

Nigeria's Renaissance Africa Energy Co. Ltd has halted oil shipments via its Okordia-Rumuekpe pipeline in the coastal Rivers ...

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to increase oil production for the second time in two months, adding 411,000 barrels per day to its production quota in ...

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

More than just a policy, the 30% value-addition mandate offers Nigeria what it has sorely lacked: a disciplined and ...

As global oil prices fall to their lowest levels since February 2021, African oil producers find themselves at a critical ...

Share Eight members of the Organisation of Petroleum Exporting Countries and its allies (OPEC+) Saturday announced a sharp ...