he Federal Government, Monday, said it is considering alternative sources of gas supply for the country and is looking beyond the Nigerian Delta region...

The $1 billion debt hanging on Nigeria’s downstream sector operators has dipped the credit rating of oil marketers with banks. The fuel importers, it...

A leading Chinese green industry enterprise Elion Resources Group on Saturday signed a Memorandum of Understanding (MoU) in Nigeria as part of its exploration...

Some Nigerian crude was taken via an Indian tender but spot activity remained thin with freight rates and a backwardated market structure denting Asian...

A bi-monthly update report on the state of Nigeria’s economy prepared by Lagos-based economic research and analyses firm, Financial Derivatives Company (FDC), has disclosed...

The US Energy Information Administration on Wednesday boosted its Brent and WTI crude oil price forecasts on uncertainty over the impact of the looming...

The Federal Government should try and deepen activities in the downstream sub-sector of the nation’s petroleum industry by creating a more conducive environment and...

Vice President, Prof. Yemi Osinbajo, has said Nigeria requires about $1 trillion investment to modernise its energy infrastructure. Osinbajo, who stated this while declaring...

Some federal government ministries, department and agencies as well as security agencies have called for the assistance of the Natural Oil and Gas Suppliers...