The Seven Sisters represent a pivotal chapter in the history of the oil and gas industry. Their dominance shaped global energy markets, influenced international legal frameworks,...
What it lacks is not oil, but the systems to fully claim it. Until those changes, the pattern will repeat itself. The Strait will stir, markets...
PINL says Nigeria lost $226.7bn after 96 oil wells in Ogoniland were shut for 33 years over unrest and environmental concerns.
OPEC says Nigeria produced 1.38m bpd in March, below its quota. Industry eyes 3m bpd target amid reforms and investments.
Oil rebounds past $100 as US–Iran negotiations fail. Analysts predict higher petrol prices and global market volatility.
Global markets rose sharply while oil prices fell nearly 20% after the US and Iran reached a ceasefire deal and reopened a key oil route.
The unfolding geopolitical crisis may once again deliver extraordinary revenue to Nigeria. But whether that revenue becomes a blessing or another squandered opportunity will depend entirely...
Oil markets surge as Middle East fighting disrupts supplies. Brent climbs above $103 and investors fear inflation and slower global growth.
Global oil prices climb above $100 following Middle East conflict and Iran’s threat to keep the Strait of Hormuz closed, sparking fears of higher petrol and...
The lesson from global experience, as it has always been, is that resource windfalls do not automatically translate into national prosperity. Nigeria's leaders must understand that,...