Oil & Gas

Brent oil price falls to two year low

Brent crude oil prices struck a new two-year low on Wednesday, weighed down by abundant…

Oando doubles profit in half year

Nigerian energy company Oando said on Tuesday its pre-tax profit in the first half rose…

Oil prices up again in Asia, buoyed by China, IS strikes

Oil prices rose in Asia Tuesday in response to better-than-expected Chinese manufacturing data and after…

Forte Oil, Aiteo set to grab Oando's downstream assets

Forte Oil Plc, one of the nation’s petroleum products marketing company and Chief Benny Peters’…

Oil prices fall in Asia

Oil prices fell in Asia Monday as dealers await key Chinese manufacturing data for clues…

Navy destroys 53 illegal refineries in fresh crackdown

The Nigerian Navy Ship (NNS) Delta, Warri, said on Saturday that it has destroyed 53…

Oil workers suspend strike

The National Union of Petroleum and Natural Gas Workers (NUPENG), Petroleum and Natural Gas Senior…

Diezani, others shun Reps panel on oil workers strike

The Minister for Petroleum Resources, Diezani Allison-Madueke, on Thursday failed to appear before the House…

Amosun: Why Olokola Gas Project was stalled

Abiodun Onafuye/ Abeokuta Governor Ibikunle Amosun of Ogun State today opened up on the multi-billion…