Oil

The African Export-Import Bank (Afreximbank) has announced an additional disbursement of $925 million under the syndicated $3.3…

The Central Bank of Nigeria (CBN), has selected 11 pre-shipment monitoring, and evaluation agents for oil and gas exports in…

According to data obtained from the National Bureau of Statistics (NBS), funds allocated to nine oil-producing states as the 13…

President Bola Tinubu has approved three new directives in the oil and gas sector to introduce fiscal incentives for related…

Vice President Kashim Shettima has attributed the country's food insecurity to the extensive dependence on oil since the 1970s,…

Norwegian state-owned multinational energy company Equinor inked a deal with Nigerian-owned Chappal Energies, allowing the latter…

Oil price, on Monday, rose to a record high, nearly hitting the $90 a barrel mark. Brent crude, the global oil benchmark, rose to…

Inaccurate measurement in the Nigerian oil and gas industry is responsible for about 40 percent of crude oil losses attributed to…

Nigeria's oil production in December 2022 increased by 4.2% month on month to 1.23 million barrels per day, falling far short of…

The Federal Government has disclosed that the nefarious activities of pipeline vandals had caused Nigeria to lose approximately…