Africa’s richest man Aliko Dangote has vowed to push his $20 billion oil refinery in Nigeria towards full operational ...

About 60 million barrels of Nigeria's crude oil are currently stranded and floating at high seas with no buyers, while ...

Nigeria’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 92 million barrels ...

The Chairperson of Etsako East Local Government Area in Edo State, Princess Benedicta Attoh, has revealed that Nigeria is losing over 400,000 barrels of crude oil daily due to theft.

Italian energy giant Eni has announced the sanctioning of four major upstream oil and gas projects across Angola and ...

Bureau De Change (BDC) operators in Lagos reported that the local currency was being sold at N1,610 per dollar, up from ...

What you do if your budget revenue is below expectation is to… conserve and prioritise and that’s exactly what we have agreed ...

Oil price drop is biting exporters disproportionately with Nigeria and other oil export dependent economies taking the heat.

FG urges indigenous oil firms, led by Renaissance Africa Energy after acquiring Shell's assets, to ramp up production and ...

Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for 2023 ...