Mobil Producing Nigeria Unlimited (MPN), operator of the NNPC/MPN joint venture, has confirmed a liquid release from its Qua Iboe...
Russia seems to be carrying on business as usual giving its economy boost and making western sanctions look inconsequential. Russia...
Africa’s key oil producing countries are expected to continue to list among those countries expanding the fastest on the continent,...
The abundance of oil resources in commercial quantities in Ghana, coupled with weak institutions in the management of the resources,...
Rosneft, Russia’s largest oil producer raised at least $1.5 billion through a five-year deal to supply crude oil and fuel...
India made a $550 million payment to Iran to partly clear pending oil dues, under an interim deal that allows...
The world has saved $3.5 trillion over the last 30 years by maintaining emergency oil stocks to offset supply shocks...
Almost a year and a half after the unprecedented attack on In Amenas natural gas plant in Algeria, the facility...
Brent headed for the first weekly drop since violence erupted in Iraq amid speculation that oil output would remain safe...
The Nigerian Stock Exchange (NSE) concluded its review of the prices of stocks, as part of its plans to improve...
ExxonMobil is in talks with state-run Turkish Petroleum Corporation (TPAO) over a venture to explore for shale gas in the...
ExxonMobil is in talks with state-run Turkish Petroleum Corporation (TPAO) over a venture to explore for shale gas in the...
Angolan crude differentials remained under pressure on Tuesday from lacklustre demand on the part of major buyers and weak refining...
Brent slipped below $113 a barrel on Monday, as supplies disruption fears from Iraq eased after government forces launched a...
The Federal Government is losing hundreds of millions of dollars to its failure to renew the leases of some oil...