Nigeria’s minister of state for petroleum resources and group managing director of the Nigerian National Petroleum Corporation (NNPC), Ibe Kachikwu,...
Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in...
Iraq’s semi-autonomous Kurdish region plans to start exporting 10 billion cubic meters a year of natural gas to Turkey by...
Peter Akpatason, chairman, House Committee on Civil Society Development Partners, on Monday, warned state governors against sack of workers under...
Two Israeli gas exploration firms announced to have found signs of large natural gas field offshore Israel....
Nigerian National Petroleum Corporation (NNPC) has commenced nationwide consultation with stakeholders aimed at drumming support for the planned expansion of...
Mining firm BHP Billiton has disclosed that it would take $7 billion in impairment charges on its U.S shale operations....
The Department of Petroleum Resources (DPR), Warri Zonal Office, on Saturday sealed seven petrol stations for various offences such as...
Indian Oil Corp has doubled its annual oil purchase deal with Nigeria for 2015/16 to 60,000 bpd, its chairman B....
Despite its current struggle to consolidate on existing revenue structures and explore new ones in the face of dwindling oil...
Oil prices tumbled to within a whisker of $30 a barrel on Tuesday, extending a savage New Year sell-off as...
Oil’s dismal start to the New Year continued on Monday as prices plumbed fresh lows, with Morgan Stanley adding to...
The world’s biggest investment banks are pulling out the stops to win part of the listing of Saudi Arabia’s national...
An increase in value of the United States of America currency, the dollar, could further cause the price of crude...
OPEC will soon make efforts to convene before the next scheduled meeting in June, as the slump in oil prices...