Oil prices surged during Asian trading hours on Wednesday amid mounting expectations that major oil-producing nations will uphold output cuts at an impending meeting of the...
South Sudan is seeking $250 million in financing from the International Monetary Fund (IMF) to address its ongoing balance of payment challenges and stimulate economic growth....
The $20 billion Dangote Oil Refinery is poised to be listed on the Nigerian Stock Exchange (NSE) by December 2024, according to statements made by Aliko...
French multinational oil company TotalEnergies has decided to steer its investment focus away from Nigeria to bolster its exploration in the Republic of Congo by $600...
Oil prices stabilized in Asian trading on Monday as markets turned their attention to an upcoming OPEC+ meeting, where producers are expected to discuss maintaining voluntary...
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, announced on Monday that approximately $16.6 billion in investments have been committed over the past year. This...
In a landscape where global oil markets often sway with the slightest economic shifts, stability can be a rare commodity. However, amidst discussions from the U.S....
Nigeria has long held the title of Africa’s leading oil producer but signs are now suggesting a shift as neighbouring country Angola emerges as a new...
Oil prices declined by 1 percent amid the uncertainty surrounding the global oil market as the world looks to the Middle East for a solution. Brent...
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has expressed optimism as the nation’s oil production approaches 1.7 million...