Canada's Africa Oil Corporation will double its Nigerian output and the size of its reserves there once it completes its deal for full ownership of Prime Oil next Tuesday, a senior company executive ...

The owners of Ascon Oil Company Limited have revealed that the company still belongs to them until the share purchase rights ...

Nigerian communities fight Shell in UK courts for environmental damage. Decades of pollution and health issues, and economic ...

Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...

Seplat Energy plans to invest up to $320 million in new wells and infrastructure this year, aiming to more than double its oil output to as much as 140,000 barrels per day following its acquisition of ...

Okomu Oil and Presco Plc, two agro-based companies listed on the Nigerian Exchange Group have achieved their highest ...

The house of representatives public accounts committee has expressed frustration over the failure of oil companies to honour ...

Oil companies face investigation for N9.4 trillion debt. House demands accountability, citing unpaid royalties and penalties.

Final Investment Decisions (FIDs) in 2025 to reinforce investors’ confidence in 2025, according to Olu Verheijen.

Chevron Nigeria’s chairman and managing director, Jim Swartz has said, the company is committed to sustainable deepwater oil ...

OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...

The company secured government consent last October to acquire 40% of four oil mining leases and associated infrastructure ...