Oil & Gas

Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s heavy losses. Brent crude futures were up $1.07, or 1.41%, at …

Dr. Unar Abubakar Hashidu becomes Kaduna Electric’s new MD, succeeding Engr. Yusuf Usman Yahaya, amidst crucial corporate transitions.

Shell, the global gas giant, has signed a deal to purchase two million metric tons of liquefied natural gas (LNG) per year from a proposed Canadian project, the partners announced …

Minister Heineken Lokpobiri engages with Bayelsa’s traditional rulers to tackle Nigeria’s oil sector challenges, aiming for increased crude production.

Libya’s oil production has been disrupted once again by protesters demanding public services and development projects in the south of the country. The National Oil Corporation (NOC) declared a force …

Oil prices dipped as the world’s top oil exporter, Saudi Arabia, cut its official selling prices for February and the Organization of the Petroleum Exporting Countries (OPEC) increased its production …

Oil giant Shell is facing a legal battle over an alleged oil spill in the Niger Delta that damaged waterways and farms. The company has appealed a court order to …

Ogoni Day marked by calls for halting oil exploration and transitioning to renewable energy to address environmental damage in Niger Delta.

The price of oil climbed higher on Wednesday after President Joe Biden said he would replenish the Strategic Petroleum Reserve (SPR), the world’s largest emergency oil stash. Biden’s decision came …

Nigeria adjusts oil production targets, focusing on realistic goals and sector revitalization.