Nigeria’s Minister of State, Petroleum Resources, Dr Emmanuel Ibe Kachikwu has said he was “not ruffled” by the recent oil price decline. Instead he wants the...
Niger Delta Avengers have threatened on Wednesday to attack off-shore oil facilities within days, raising fears of a repeat of a 2016 wave of violence that...
Less than two weeks after OPEC’s decision to extend oil production cuts, Libya and Nigeria – the only two exempt members of the group – are...
Nigerian National Petroleum Corporation is looking to set up a $3.5-$5 billion cash-for-crude prepayment with some of the world’s top commodity traders to fund oil and...
Nigeria’s oil minister will visit the Niger Delta this week in a bid to stave off a threat of more insurgent attacks in the area. He...
Nigerian National Petroleum Corporation (NNPC) has stated that allegations by the oil minister that the conduct of its group managing director lacked transparency were baseless. The...
Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per day in July, the country’s oil minister said on Thursday. Emmanuel Ibe Kachikwu, speaking...
Nigeria plans to raise $1.2 billion to upgrade its oil refineries, aiming to end a reliance on oil product imports by 2019, the oil minister said...
Oando, a Nigerian oil firm has said on Monday it was in talks to work with Italian energy company Eni to rehabilitate one of the West...