Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister...

The federal government and international oil companies (IOCs) operating in the country are to calculate and negotiate arrears of contractual obligations to the former...

The anti-vandal unit of the Lagos state command of the NSCDC has so far arrested 59 suspected vandals in the last 9 months Of...

The Group Managing Director of Polaris Bank Limited, Adetokunbo Abiru has visited Pan Ocean Oil Corporation’s OML-147 flow station at Owa- Alidinma and the...

Shoreline Energy International, an industrial conglomerate owned by Nigerian tycoon Kola Karim, has acquired a 51% stake in Entrepose DBN, a leading provider of...

Managing Director/ CEO of Eroton E&P, Ebiaho Emafo, in an interview with BusinessDay, speaks about the dynamics of Nigeria’s gas sector and Eroton's plans to...

The Major Oil Marketers Association of Nigeria has said the pricing template for Premium Motor Spirit should be reviewed regularly to ensure that the...

Nigeria’s crude oil export appreciated by 17.38 per cent to N7.308 trillion in the first six months of 2018 from N6.226 trillion recorded in...

At least five oil consortiums said they were considering a proposal from the state-run Nigeria National Petroleum Corp. to prolong a crude-for-fuels swap program...