Oil rises as investor confidence over US polls boosts risk assets

Oil prices rose on Tuesday ahead of the U.S. presidential election as investors unwound some of…

Reps give oil firms conditions for expatriate quota  

The House of Representatives has directed foreign oil and gas companies to seek Nigeria Content Development…

Oil price falls below $50 for first time in 24 days   

Global oil benchmark, Brent crude, extended its declines on Wednesday, falling below the $50 per barrel…

Oil price down cycle ‘nearing end’, says Saudi minister 

Saudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is…

Oil price down cycle ‘nearing end’, says Saudi minister

Saudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is…

Towing vessel crashes into dock, spills oil on Texas waterway

The U.S. Coast Guard was responding Wednesday to an oil spill on the Intracoastal Waterway near…

Amaechi: We asked Jonathan to share oil savings because he was mismanaging it

The Minister of Transportation, Rotimi Amaechi, says governors demanded the sharing of money from the Excess…

NNPC says Nigeria’s oil, gas reserves running out

The Nigerian National Petroleum Corporation (NNPC) on Monday painted a gloomy outlook for Nigeria’s economic fortunes,…

NANS appeals to Niger Delta militants to stop bombing of oil, gas facilities

The National Association of Nigeria Students (NANS) has appealed to youths in the Niger Delta region…

Delta communities in fear over fresh oil spill 

A fresh oil spill has occurred in twelve communities of Gbaramatu Kingdom in Warri South West…

Navy arrests suspected oil thieves

Operatives of the Nigerian Navy Ship (NNS) DELTA have arrested suspected illegal oil bunkerers at Epomu…

Nigeria’s Forcados oil exports to restart, October list published 

Exports of Nigeria’s Forcados crude stream oil are set to resume at the end of September…