Green Energy International Limited, operator of the Otakikpo marginal field in Oil Mining Lease 11 in Rivers State, on Sunday, announced the signing of a $350m…
Nigeria’s oil and gas sector is expected to attract $48.4 billion (about N17.29 trillion) out of the industry’s $194 billion (about N69.84 trillion) capital investment flow into…
The global price for Brent crude, on Tuesday, plunged to $62 per barrel. This comes despite an extension to productions cuts agreed by members of the…
Chinese energy companies are making a push to invest in Equatorial Guinea and explore opportunities in the country’s oil, gas and minerals sectors at the upcoming…
In just three years after lifting its 40-year ban on crude oil exports, the United States has become one of the top 10 oil-exporting countries in…
The African Energy Chamber (AEC), the voice of Africa’s energy sector, has rejected recent accusations made by the BBC Panorama program with regard to the procurement…
Vivo Energy, the official retailer for Shell fuel products, has emerged as the top oil marketer in East Africa for the second year in a row, Business Daily Africa…
The African Energy Chamber (AEC), the voice of the continent’s energy sector, plans to woo Chinese investors on behalf of Equatorial Guinea in the coming weeks.…
Tanzania and Zambia have agreed to construct a $1.5 billion oil pipeline to transport refined products. The pipeline will run from Tanzania’s sea-port of Dar es…
Nigeria, Africa’s top oil producer, earned a total of $236.15 billion from petroleum exports over the last five years, a new report by the Organisation of…
