The Federal Government, commending the coming on board of Renaissance Africa Energy, has tasked the organisation to ramp up ...

The Federal Government yesterday in Abuja officially addressed the long-anticipated $2.4 billion divestment of Shell's ...

The federal government and Renaissance Africa Energy Holdings have pledged close collaboration to drive growth and investment in the country's oil and gas sector following Renaissance's landmark $2.4 ...

Minister Lokpobiri has stressed Nigeria’s commitment to oil divestments, boosting foreign investments and local industry growth.

The Federal Government, through the Nigerian Content Development and Monitoring Board, unveiled the Monarch Alloys Limited ...

Chevron said it is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027.

Heineken Lokpobiri, minister of state for petroleum resources (oil), says pending divestments before the administration of ...

The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri yesterday charged more Nigerian firms to ...

Asian and Mediterranean nations emerged as the leading destinations for Nigerian crude oil exported by International Oil Companies (IOCs) as well as the ...

The Federal Government has again tasked indigenous oil companies to ramp up production to meet both domestic and export demands and boost revenue remittance to government coffers.The Minister of State ...

Chevron plans to drill an exploration well offshore Namibia in 2026 or 2027, joining other international majors in the region's growing oil and gas exploration activities.