Saudi Arabia has cut its crude-oil production by at least 486,000 barrels a day since October, said a person familiar...
Spot trading was quiet as new tender demand emerged from India. Solid Chinese demand had kept Angolan differentials from sliding...
Royal Dutch Shell Plc shut the Trans Niger oil pipeline after a fire, Bloomberg reports. The shutdown threatens to worsen...
… says China, India and developing nations including Nigeria to fuel growth Oil major ExxonMobil in its outlook for...
The last may not have being heard about the controversy surrounding the $1.1 billion Malabu oil deal as the National...
Oil prices ticked higher on Wednesday on expectations that U.S. crude inventories are falling and signs that oil producers will...
The Nigerian National Petroleum Corporation (NNPC) on Wednesday released names of 39 bidders for the sale and purchase of Nigerian...
The Organization of Petroleum Exporting Countries (OPEC) deal goes into effect this week as the start the New Year begins....
As oil prices looks to stabilize in 2017, if the positive forecasts the oil sector have seen following the OPEC...
The British-Dutch oil-and-gas giant bulked up in February with the roughly $50 billion acquisition of BG Group PLC, giving Shell...
Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between...
Egbin power company which was acquired in 2013 by a consortium led by Sahaara energy will double its capacity by 2019...
The absence of gas terms in Nigeria’s PSCs has forced down by 19.6 per cent gas production in deep offshore...
The exiting of the joint venture cash call by the Nigerian National Petroleum Corporation NNPC which is the holder of...
The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to carry on with its twin gas projects, Brass LNG...