The Nigeria Upstream and Petroleum Regulatory Commission (NUPRC) has said that Nigeria’s crude oil and gas reserves have ...

The latest April mid-month data shows that more good news should lie ahead for South Africa's motorists early next month.

The East African Crude Oil Pipeline (EACOP) faces more challenges as Chubb, one of the world's largest fossil fuel insurers, ...

Nigeria's crude oil production has fallen from 1.5 million barrels in January to 1.40 million barrels daily, from 1.465 in ...

The current estimates of Africa’s oil and gas reserves at 120-million barrels of crude oil and 632-trillion cubic feet of ...

The African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 billion to finance the purchase of refined products within Africa as part of broader plans to ...

Currently, Uganda and Tanzania are collaborating on the East African Crude Oil Pipeline Project (EACOP), which aims to transport oil from Uganda’s Lake Albert oilfields to the port of Tanga in ...

Ridha Chkoundali: The State 2025 budget is based on an oil price of about $74 a barrel, bearing in mind that a fall in the price of Brent crude on the international market to below $74 a barrel ...

Set to begin exporting oil in 2026, the 1,443-km EACOP will play a vital part in driving East Africa’s energy renaissance. Currently in the EPC stage, the pipeline connects the Kingfisher and Tilenga ...

Tullow mainly attributed the latest write-off to a delay in getting approval from the government for its field development plan.

For oda kontris, cocoa and crude oil exports go dey more impacted. About half of kontris for Africa go dey subjected to di 10% flat rate tariff, but some odas including Nigeria and South Africa go ...

Oil plummeted as trade risks increased and Saudi Arabia slashed its flagship crude price by the most in more than two years.