Oil demand for the rest this year may continue to fall by as much as 3.7 million barrels per day (Mb/d), Outlook released by global research body, Rystad Energy

If assurances from Onose Deep Oil and Gas Nigeria Limited were to be relied upon, a new modular refinery capable of producing 20,000 barrels per day for a start

Recently, the World Bank published the Nigeria development update. The report is part of a series assessing economic and social developments in Nigeria.

For decades, successive governments in Nigerian resorted to protective measures, including import restrictions and exchange rate control, to manage its foreign exchange

The Federal Government has stressed the need for International Oil Companies operating in Niger Delta to have closer interactions with host communities.

The lawmakers unanimously agreed that granting Governor Abiodun’s request would allow the government to meet the shortfall in the price of crude oil at the international market.

As countries brace for a second wave of the coronavirus spread, analysts have warned that an unexpected hit to demand could derail oil prices, as producers are yet to reduce their stock builds

The shelved increase in electricity tariff in the country has continued to generate more reactions, as stakeholders, yesterday, demanded improved service delivery in the sector

Chairman of the Petroleum Technology Association of Nigeria (PETAN), Nik Odinuwe, has said the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) Gas pipeline project will help

Pathetically, that call on federal authorities (to breach fiscal responsibility law) actually amounts to preaching to a dyed-in-the-wool violator of selected laws.

Fresh concerns have arisen over the outlook of Nigeria’s oil and gas fiscal regime, as efforts intensify on the passage of the Petroleum Industry Bill

The demand for raw materials used to manufacture rechargeable batteries will grow rapidly as the importance of oil as a source of energy slows.