OPEC kingpin Saudi Arabia is ill-equipped to prevent a supply shock in the energy market, analysts told CNBC on Monday, as oil traders prepare...

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...

The Nigerian Agip Oil Company (NAOC) Joint Venture, comprising Agip, the Nigerian National Petroleum Corporation (NNPC) and Oando, on Friday identified lack of funding...

Gas producers under the auspices of Nigeria Gas Association (NGA) have said the nation’s gas proven reserve is in the region of 600 trillion...

OPEC delivered only a limited increase in oil production in September, a Reuters survey has found, as a cut in Iranian shipments due to...

The Managing Director of the Nigerian Airspace Management Agency, Capt. Fola Akinkuotu, has asked stakeholders in the oil and gas industry to begin local...

In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is...

The Nigerian National Petroleum Corporation (NNPC), has said that the holistic rehabilitation of depots and pipeline facilities it embarked upon would ensure a long...

The Federal Government has increased the penalty for gas flaring to $2 per 1,000 standard cubic feet of gas, SCF, from N10 per 1,000...