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OIL AND GAS NEWS
New and analysis from Nigeria's oil and gas sector.
The prediction of a $20 oil price looks to be getting closer, as oil prices hit 14 year...
Tensions between Saudi Arabia and Iran started over the weekend after Saudi Arabia executed a prominent Shi’ite cleric...
MRS Oil Nigeria Plc, has announced the appointment of Mr. Andrew Gbodume as its Managing Director following the...
The Organization of the Petroleum Exporting Countries (OPEC) recently released its 2015 World Economic Outlook. The report emphasized...
The city of Dubai has become the first non-oil economy in the Gulf. This was made known as...
The relationship between the price of oil and external reserves is well understood as the chart above depicts. The...
Nigeria's freshly presented 2016 budget proposal could be at risk of being saddled with a hefty deficit, if passed...
The Federal Government's oil revenue projection has plunged 57% from N1.92 trillion in 2015 to N820 billion in 2016,...
Sequel to the global cooperation agreement signed by Total Lubricants and Sany Group Company Limited in China, the two...
Mexico and Africa-focused MX Oil are to jointly raise up to £4 million to boost their investment in Nigeria. The purpose...
Forte Oil has announced that it has that it has secured approval to lift petroleum on behalf of...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says Nigeria expects oil prices to be above $45...