Nigeria is working with other petrostates and oil-producing countries to explore initiatives towards reversing consistent crash in oil prices which is threatening economies of oil dependent economies.

At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company PDVSA canceling their export authorizations, according to shipping data and sources, as the ...

The anticipated expansion of trade volume across Africa demands efficient port systems to guarantee seamless goods transportation and cost reduction while creating stronger regional connections. To ...

Nigeria’s newly approved N54.99trn ($36.6bn) budget is already facing severe strain from two fronts: the global collapse in oil prices, partly fuelled by Donald Trump’s latest tariff offensive, and a ...

According to Forbes, Aliko Dangote of Nigeria tops the list ... Aliko Dangote broke the government’s oil monopoly by building the largest petroleum refinery in Africa. He began this journey ...

An elementary school is closed and about a dozen people were asked to evacuate an area south of Galeton in Weld County due to an incident at an oil and gas ... Monday, Chevron said "a well control ...

Nigeria, Angola, and Gabon — three of Africa’s largest oil producers — may find their bond markets unattractive to investors as the effects of the tariffs kick in.

HOUSTON - U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a time in the Permian basin, the company told Reuters ...

HOUSTON - U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a time in the Permian basin, the company told Reuters, in an ...

HOUSTON, April 9 – U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a time in the Permian basin, the company told Reuters, ...

While supporting the minister on the severity of the impact, Otunuga said, “One could argue that Nigeria is somewhat insulated given how over 90 per cent of exports are comprised of crude oil ...