Countries across Africa are preparing for the projected oil boom, and Nigeria is taking its position in the offshore production which is expected to take the lead.

This chaos would have led to global oil prices spiralling to over USD 120-130 per barrel, as all consumers would have been ...

This growth reflects ongoing efforts to boost the country’s oil production capacity and attract greater investment into the ...

The UAE said on Thursday it was committed to staying the course on its plan to be able to produce five million barrels per ...

Oil market analysts said the UAE’s message is clear: supply increases are not a sign of surplus but a necessary response to ...

The Dangote Group has announced plans to more than double the production capacity of its fertilizer plant as part of ...

Prominent Urhobo leader and respected Niger Delta voice, Olorogun Victor Okumagba, the Idjede of Okere Urhobo Kingdom, Warri, has issued a strongly-worded open letter to Urhobo leaders, cautioning ...

The High Court of the Federal Capital Territory, Abuja, has nullified ongoing arbitration proceedings at the International Chamber of Commerce, London, ...

Ethiopian Prime Minister Abiy Ahmed recently announced that his country will supply domestically produced natural gas to the ...

Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

Equinor has discovered gas near its fully operational Johan Castberg oilfield and will evaluate a tie-in to extend Norway’s ...