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Oil price hits $75 for first time in 2019 amid tighter...

Brent crude oil on Thursday rose above 75 dollars per barrel for the first time in 2019 in the wake of tightening sanctions on...

NNPC to continue oil exploration in the North — Baru

Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, Maikanti Baru has said, oil exploration in Northern Nigeria will continue until the corporation reaches...

Tullow Starts Process of Selling Kenyan Oil Internationally

British owned oil drilling company, Tullow has started searching for clients to purchase crude oil petroleum in Kenyan for exports. The first export of oil...

Ghana’s oil production to go up 500k barrels per day by...

Ghana's Finance Minister Ken Ofori Atta has disclosed that Ghana’s overall crude oil production is expected to more than double over the next four...

African Energy Chamber and the Oil Industry Congratulates Equatorial Guinea’s Government...

The government does recognize it has an enormous task of fostering an environment where investors and small and medium enterprises can succeed The African Energy...

Oil price falls amid stock market slide

The price of Oil dropped along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by the Organization of...

Saudi Arabia consults Nigeria on stabilizing global oil prices

The Minister of Petroleum, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al-Falih has recently held talks with the Federal Government...

Anglo African Oil & Gas Awarded Tilapia Oil Field Licence in...

Anglo African Oil & Gas PLC said Monday that the Congolese state oil company has unconditionally recommended the London-listed company be awarded a new...

Freed Lecturers: University of Maiduguri Pledges Return to Chad Basin for...

The University of Maiduguri has defied incarceration of its lecturers that lasted over eight months by expressing willingness to align with the Nigerian National...

Nigeria Crude Oil Price Hits U.S. $70 per Barrel

The price of Brent crude oil rose to $70 per barrel, supported by ongoing output cuts led by OPEC and Russia, and ignoring a...
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