Over $180bn will be spent on 88 upcoming oil and gas fields between 2018 and 2025. Capital expenditure (capex) into Africa's conventional oil, heavy...

The Federal Government of Nigeria today stated that it has granted operating licences for the establishment of modular refineries ranging from between 50,000 to...

Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Wednesday in Kwale, Delta State, said two modular refineries will be completed and commissioned...

Nigeria’s Ministry of Petroleum has approved the recommendation by the Department of Petroleum Resources (DPR), to revoke three Oil Mining Leases (OMLs) operated by...

As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount...

Nigeria's oil exports are expected to fall slightly in June to just under 1.8 million barrels per day (bpd), Reuters reports. The export plan comprised...

The President of the Nigeria Liquefied Petroleum Gas Association (NLPGA) Mr. Nuhu Yakubu, has predicted the nation’s LPG sector to record $10 billion growth...

Managing Director/Chief Executive Officer, Seplat Petroleum Development Company Plc, Mr. Austin Ojunekwu Avuru, in an interview with Vanguard has spoken on how the company...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that marketers are banking on Dangote Petrochemical Refinery for adequate fuel supply to end...