Oil & Gas

The Federal Executive Council (FEC) on Wednesday, approved the acquisition of 20% minority stakes of Dangote Refinery and Petrochemical by the Nigerian National Petroleum Corporation(NNPC) for $2.76...

The unexpected rift between Saudi Arabia and the United Arab Emirates within OPEC in early July came as a shock to many in the Gulf region and...

There is the less likelihood that Italian oil giant ENI and Springfield impasse may dampen investor confidence and repel investors into the upstream petroleum sector, findings of...

The former Ghanaian diplomat Edward Boateng, who served as the 15th ambassador of the Republic of Ghana to the People’s Republic of China with concurrent accreditation to the...

The Nigerian National Petroleum Corporation (NNPC) has announced that it will declare its first dividend to Nigerians as it prepares to release its 2020 financial statements in...

Oil prices fell on Monday on worries over China’s economy after a survey showed growth in factory activity slipped sharply in the world’s second-largest oil consumer, with...

In a bid to advance the nation’s commitment to refining fuel, the Nigerian National Petroleum Corporation (NNPC) has disclosed that it is in the process of establishing...

Nigeria’s refineries lost a total of N104.3 billion in 13 months while not processing any crude oil from the refineries during the period, according to the Nigerian...

Exxon Mobil on Friday posted its biggest quarterly profit in more than a year that also topped analysts’ estimates as demand for oil, gas and chemicals rebounded,...