Maikanti Kacalla Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), has stated that the Federal

The International Energy Agency (IEA) has said that though OPEC-led production cuts have helped to stabilise the oil market, crude

Nigeria’s Oranto Petroleum has signed two production-sharing agreements with Uganda to explore for oil and gas around Lake Albert, the

Nigeria’s state oil company Monday said allegations by Emmanuel Ibe Kachikwu, minister of state for oil, that the conduct of its group

African countries that have for decades depended on their national oil companies as a key source of revenue will need to rethink

Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), said the Research and Development Department

Nigeria’s Egina oil project would add about 200,000 barrels of oil to the nation’s daily crude production when completed in the fourth

The Nigerian National Petroleum Corporation (NNPC) has assured motorists and other consumers of petroleum products nationwide that the

Though oil prices opened the week lower, there are expectations Friday that they are on course for weekly gains, the third in a row in

In a bold move to tap into Nigeria’s N800 billion animal feeds market, the Danish government is to guarantee a 10 percent equity