Energy

NNPC said on Thursday it had agreed a joint venture to cover the more than $700 million cost of developing...

OPEC OPEC may need to make deeper supply cuts to rebalance the oil market as booming production from Libya and Nigeria...

Oshiomhole The former Edo State Governor, Adams Oshiomole on Thursday called for the diversification of the oil and gas sector...

Oil prices Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after...

Niger Delta militants A militant group in Nigeria's oil-rich southern Niger Delta on Wednesday withdrew its threat to launch attacks...

Nigerian differentials remained under pressure on Wednesday owing to an oversupply of light, sweet crude in the market. * Shell...

Shell Oil Shell is considering whether to invest in a gas project in Nigeria's southern Niger Delta energy hub, the...

Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has exacerbated the supply glut,...

Mr. Ndu Ughamadu, the Group General Manager, Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), has said the...

Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts about OPEC's ability to...