Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan.

A new crude-for-loan deal between the Federal Government and Saudi Arabian oil company Aramco, worth $5bn, has stalled and is struggling to reach an ...

Sen. Heineken Lokpobiri, Ph.D, has reaffirmed that divestment plays a critical role in the energy sector. When strategically implemented, he noted, it brings tangible benefits to Nigeria’s oil and gas ...

Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...

The question of whether Nigeria is a rich or poor country has sparked heated debates among economists, policymakers, and ...

In a historic moment for Nigeria’s oil and gas industry, the new Otakikpo crude oil terminal, the country’s first indigenous ...

Mohammed Abacha, son of the late former military head of state, General Sani Abacha, has initiated legal steps to challenge a recent ruling by ...

Shell stock shifts to 'Hold' as shares trade above fair value; cautious management, premium valuation, and rising risks limit ...

Local producers now drive over half of Nigeria’s crude output • Renaissance plans $15 billion investment; Seplat targets 140,000 bpd • Firms face high costs amid sabotage, theft, and weak ...

Nigeria's oil and gas industry is undergoing a major shift as local companies take on a greater role, resulting in a new phase for innovation and growth.

Severe aid cuts have forced a reckoning for African governments. Aid dependency was never the intention, but too often it ...