In 1908, a German company known as the Nigerian Bitumen Company recorded the first oil prospecting in our nation. The prospecting activities continued until suddenly, out of a web of a complex series ...

MAPUTO (Reuters) - Mozambique issued a $40.6 million oil prospection licence to a Petronas-led joint venture for two offshore blocks in the Rovuma Basin under the country's second licensing round, a ...

Many residents of Alaska are donating all or some of the annual payment they get from the Permanent Fund Dividend, which requires oil companies operating in Alaska to provide a share of their profits ...