The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has declared that the incidence of oil theft and its global support system represents another face of terrorism ... Read more »
The Movement for the Emancipation of the Niger Delta has claimed that their action is in protest against the unsustainable and alleged fraudulent Niger Delta Amnesty Programme that ... Read more »
The government indicated it would increase the compulsory ethanol blending to 20% by March 2014 despite reservations by some motorists who are opposed to the use of green fuels in ... Read more »
Experts have expressed concern that the discovery of major oil reserves in Uganda and Kenya would not benefit the countries' populations until infrastructural and political ... Read more »
Four brothers were killed while attempting to scoop petroleum from a ruptured pipeline in Plateau State. Read more »
Robert Sirleaf, the son of Liberian President Ellen Johnson Sirleaf, recently resigned as chair of the board of the National Oil Company of Liberia (Nocal) after nearly two years ... Read more »
Nigeria loses about 100,000 barrels of oil per day, due to theft from its onshore and swamp operations, a new Chatham House report estimates. Read more »
The government is set to propose a budget of N4.495 trillion for the fiscal year 2014 that will be predicated on an oil revenue benchmark of U.S.$74 per barrel. Read more »
Security forces are gearing up to prevent any protests as the country's citizens await a decision on the removal of its fuel subsidy. Read more »
Africa's richest man, Aliko Dangote, has signed a multi-billion dollar deal with banks to finance the building of an oil refinery in the country. Read more »
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