Occidental Petroleum's sale of its chemicals business to Berkshire Hathaway for $9.7 billion reduces debt to targeted levels.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2025 Licensing Round effective December 1, 2025. The Commission Chief Executive (CCE) of the NUPRC, ...

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reaffirmed the Federal Government’s ...

Dasuki was accused of misappropriation of security funds in the accounts of the Office of the National Security Adviser (ONSA ...

In this case, the government has the power to issue a directive compelling BP and Shell to take specific steps to remediate ...

The Economic and Financial Crimes Commission, EFCC, has declared former Minister of Petroleum Resources and ex-governor of Bayelsa State, Timipre Sylva, wanted over an alleged case of conspiracy and ...

The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has reaffirmed Nigeria’s unwavering commitment to upholding the Petroleum Industry Act (PIA) as a foundation for strengthening ...

Funding is indeed a huge challenge, both for us and for most operators in this space. We are currently in the process of accessing ...

The need to secure new gas supplies on Australia’s East Coast prompts look at reviving projects stalled by land, ministerial ...

An impasse over Russian oil and imminent US sanctions has put Serbia at loggerheads with its traditional ally in Moscow.

Economic and Financial Crimes Commission (EFCC) declared Timipre Sylva, a former Minister of State, Petroleum Resources, and ...