World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the year due to

The Nigerian National Petroleum Corporation has signed a $1.5bn prepayment deal that will see it selling crude to some oil trading

Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising U.S. oil inventories and a

Outlook for oil demand looked positive on Tuesday, causing oil prices to rise about $1 a barrel on Tuesday, hitting the highest in

Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously

The national oil company, the Nigerian National Petroleum Corporation incurred a loss of N30.81bn in April 2020, representing a

UNEP identified 21 impacted areas in Ogoniland Godwin Uyi Ojo, executive director of Environmental Rights Action/ Friends of the

The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and

Banker was GMD of acquired Diamond Bank in heyday Seplat Petroleum Development Company Plc, the dual Nigerian Stock Exchange and

By Tina Blazquez-Lopez, BCLP Counsel in Dubai Nigeria is the largest oil producer in Africa and the sixth-largest oil-producing