Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle ...

The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has ...

Founder of Heirs Energies, Tony Elumelu, has said Nigeria must ramp up oil production to generate revenue for economic ...

Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, ...

Additionally, the bloc ranked second worldwide in natural gas exports and third in marketed natural gas production ...

Crude oil futures closed Friday at their lowest settlement price this year, with both WTI and Brent benchmarks tumbling more than $2/bbl, fueled by near-term supply concerns and expectations that ...

Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, ...

The minister said for over a decade, there has been no investment in the sector, adding that things are now changing for the ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased ...

The Federal Government, through the Nigerian National Petroleum Company Limited, has achieved a 319.88 per cent increase in the production of Utapate Nigeria’s newly introduced low-sulphur crude oil ...

Udobong Ntia, the Executive Vice President of Upstream at the Nigerian National Petroleum Company Limited (NNPCL), has recommended the use ...