With the impact of the coronavirus taking a toll on oil demand and the economy in general, the fear of another recession appears to be imminent as oil price dropped to $53.71 per barrel

Despite gross domestic product (GDP) growth of 2.27 per cent as at 2019 end, the Nigerian economy remains very fragile due to a combination of slow growth and vulnerability to changes in external conditions

Chairman, Expert Advisory Panel of the Nigeria Natural Resource Charter (NNRC), Odein Ajumogobia, and leading industry experts yesterday re-echoed the lingering challenges bedeviling the nation’s oil and gas sector

Unless Africa focuses on developing sustainable technical and managerial skills in innovation, operations, and management of oil and gas resources

After President Yar’adua’s demise, his reluctant deputy eventually mounted the saddle. Although a full-blown indigene of the oil and gas surfeited the Niger Delta region

The Federal Government has been urged to develop policies and legislation that will help protect the oil and gas industry's vital data against cyber-attack.

• Move Will Address Subsidy, Climate Change, Local Content Challenges, Experts Say • Stakeholders Cautiously Optimistic Over Oil Block Licensing Nigeria may conserve over N3t currently being spent on the importation of petrol if the Federal Government is sincere in its drive for cheaper fuel through Compressed Natural Gas (CNG) alternative, stakeholders have said. With…

Mr Olalere Odusote, Lagos State Commissioner for Energy and Mineral Resources, on Friday said the state had not received any derivation fund since it became an oil-producing state

The International Energy Agency (IEA) has called on oil and gas companies to accelerate efforts to help the transition to cleaner energies, while at the same time conceding

Umusadege community in Ndokwa West Council of Delta State has threatened to shut the operation of an oil company operating in the area if the managing director fails to show up tomorrow

Surging oil production from non-OPEC countries led by the United States along with abundant global stocks will help the market weather political shocks such as the U.S.-Iran stand-off, the International Energy Agency (IEA) said on Thursday.

The Organisation of the Petroleum Exporting Countries (OPEC), trimmed its crude oil production by 100,000 barrels daily (b/d) in December, the latest S&P Global Platts survey finds,