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 ...

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

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

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

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 ...

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

The family of late Engineer George Ikemefuna Enenmoh, founder of Ascon Oil Company Limited, has issued a public warning ...

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

The House of Representatives Committee on Public Accounts has issued a two-week ultimatum to three major oil companies—Chorus ...

A group known as Concerned Nigerians has alleged that there is a plot to disrupt crude oil supply to local refineries in ...

The Chairman of Heirs Holdings, Mr Tony Elumelu, has stressed the need for increased oil production to fund Nigeria’s ...