The two countries have expressed their desire to increase cooperation in a number of areas, especially petroleum. Read more »
President Muhammadu Buhari and King Salman Bin Abdul-Aziz have agreed to work towards stabilising the oil market and raising the price of oil. Read more »
More drilling and disputes over how the national and county governments will split future revenue from the discovered oil may lead to higher tensions between Tullow Oil and ... Read more »
The report has disclosed that the state-owned oil company failed to remit U.S.$16 billion domestic crude oil sales to the federal government. Read more »
China is planning on importing more oil and are also looking at other areas of cooperation with Nigeria. Read more »
The workers had embarked on strike following the misinterpretation of the unbundling of the Nigerian National Petroleum Corporation. Read more »
The government has approved the creation of seven operational units in the Nigerian National Petroleum Corporation. Read more »
Long queues could be seen at many petrol stations across the country, causing traffic gridlocks. Read more »
The workers have shut down offices in protest of the splitting of the state oil company by the government. Read more »
Three Nigerian oil and gas firms have submitted their bids for licences to explore for oil in Uganda. Read more »
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