The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22 per barrel. This

The number of oil and gas rigs in the US fell again this week by 44, falling to 728, with the total oil and gas rigs clocking in at

By Omobayo Azeez Seplat Petroleum Development Company Plc recorded 13.4 per cent uptick in profit before deferred taxes to $270m for

The federal government of Canada is preparing a multibillion dollar financial aid package for the oil and gas industry and could

LNG Canada has laid off 750 people as a preventive measure against the Covid-19 pandemic before it reaches the construction site of

Oil prices plunged below $24 a barrel for the first time in almost 18 years after Saudi Arabia doubled down in its price war with

The federal government may have directed the reduction in the pump price of Premium Motor Spirit (PMS) from N145 per liter to about

With the international oil benchmark, Brent crude, falling below the $30 per barrel mark on Monday, the oil-dependent Nigerian economy

Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn from the expected

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1­ to 792, with the total oil and gas rigs