By Omobayo Azeez Seplat Petroleum Development Company Plc, has announced the completion of transfer of the business activities and

Oil producing nations have something to cheer about as oil prices rose on Monday as indications of increase in demand for crude oil

Nigeria’s oil receipts in 2020 are expected to drop by as much as $17 billion, Austin Avuru, the chief executive officer of

The Nigerian National Petroleum Corporation (NNPC) has saidit will discontinue crude sales discount regime effective from July this

Companies, including their promoters, indebted to the federal government will not be allowed to participate in the newly launched bid

The federal government may generate at least N3.17bn from the payment of fees for the marginal fields put on offer for bidding, data

The rebound in oil prices has given Nigeria’s naira a reprieve, easing investors’ concern that a steep devaluation may be unavoidable.

Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend

Oil prices climbed about $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output cuts during a video

The federal government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part of