Crude oil fell, pressured by ample supply, concerns about demand growth and a stronger US dollar. Traders pinned much of...
French oil company Total is to sell more assets and cut costs to generate more cash and is to revamp...
It has been reported that ExxonMobil and Rosneft operations have stopped in the Kara Sea due to Western sanctions. ExxonMobil...
Russia’s second-biggest oil producer Lukoil, a target of US sanctions over the Ukraine crisis, will not cut domestic oil output...
Italy’s Eni reported that it has made a new oil discovery at the Ochigufu exploration prospect, located in deep water...
Energy firm Oando Plc plans to increase its oil production capacity to 100,000 barrels per day over the next five...
Twenty-five ministers from 23 countries will be gathering at the World Energy Council’s (WEC) World Energy Leaders’ Summit in Cartagena,...
Trade in West African crude oil cargoes was slow on Monday, with traders saying that Angolan offers were too high...
Experts at the recently concluded 4th BusinessDay Power Roundtable with the theme, ‘Making the Power Sector Work in a Privatised...
The Federal Government on Friday announced new measures to address financing related issues in the power sector, including a N213...
Scotland goes to the polls on September 18 2014 in a referendum over its independence and the latest surveys show...
Japan, South Korea and Spain accounted for 53 percent of Nigeria Liquefied Natural Gas (NLNG) exported in 2013 as shown ...
A federal judge in New Orleans recently ruled that BP’s “gross negligence” caused the massive oil spill in the Gulf...
Real growth in the oil sector was recorded at 5.40 percent in the second quarter (Q2) of 2014 (-5.22 percent...
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by through the...