This surge in interest can be attributed to improved terms and conditions, as well as the recent implementation of regulatory reforms within the industry.
The signing of the agreement will authorize the Block's ownership, with the DRC and Angola taking a 30% stake each while global energy major – and...
The UK economy posted only a small contraction in May which was much better than forecast as the country continues to show strong resilience in the...
Financial markets are buzzing at the US open on Wednesday, with investors buoyed by a very promising inflation report from the US.
Brent oil, against which Nigerian oil is priced, fell 6 cents to $79.34 a barrel while the U.S. West Texas Intermediate (WTI) crude slipped 6 cents...
Unemployment in the three months to May jumped to 4%, 0.5% from its low nine months ago and steadily rising
Brent crude oil, against which Nigerian oil is priced, dropped by 55 cents, or 0.7% to $77.92 per barrel by 06:30 , while U.S. West Texas...
Power Consumers Demand Prioritization of Domestic Needs as Nigeria Exports Electricity Worth N23.13bn to Neighboring Countries Despite Widespread Darkness.
Brent crude oil, against which Nigerian oil is priced, grew by 29 cents to $76.94 a barrel while the U.S. West Texas Intermediate crude oil rose by...
Oil prices were rising for a fourth session, with output curbs from Saudi Arabia and Russia initially giving fresh momentum to the recent recovery