British oil and gas services group Petrofac said it secured a $700 million contract from Kuwait Oil Company for a...
Halliburton has signed an agreement with the SPT Energy Group affiliate, Petrotech (Xinjiang) to establish a joint venture company focused...
Nigeria’s Oando has converted a $218.9 million loan to its Toronto-listed unit Oando Energy Resources to equity, to increase its...
Profit at Petrobras, Brazil’s state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had...
There are already predictions that Kurdistan will seek independence and quickly aim to become a major oil producer. Barely on...
Global oil demand growth will accelerate in 2015 as the world economy expands and will again be met by rising...
Global oil demand growth will accelerate in 2015 as the world economy expands and will again be met by rising...
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has signed an around $1.6 billion deal...
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has signed an around $1.6 billion deal...
A contango in Brent oil futures relieved some of the pressure on sellers to offload West African cargoes, traders said...
The independent power producer (IPP) landscape in Nigeria is looking up as more projects take shape, with developers’ confidence bolstered...
UC Rusal, the Russian firm with 85 percent stake in Nigeria’s Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi,...
The Organisation of Petroleum Exporting Countries (OPEC) has cut its forecast of demand for crude oil from the 12-member oil...
The Organisation of Petroleum Exporting Countries (OPEC) has cut its forecast of demand for crude oil from the 12-member oil...
A severe overhang of Nigerian cargoes proved slow to clear on Wednesday in lacklustre trade as arbitrage opportunities east and...