Oil extended losses below $40 a barrel amid speculation a record global glut will be prolonged as OPEC effectively abandoned its...
Royal Dutch Shell is seeking to secure a $7 billion credit facility in North America as back-up for its $70...
OPEC will stick with its policy of not constraining output and has all but abandoned its official production target at...
Despite some recent turbulence, the global business environment for liquefied natural gas (LNG) remains strong, and a continuous growth in...
Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to raise funds from international investors and the private sector in...
Stakeholders in Nigeria’s Liquefied Petroleum sector, the Nigeria Liquefied Petroleum Gas Association (NLPGA), have tasked the Federal Government to terminate...
Oil dropped after OPEC signaled it would maintain current production levels that are near records. The Organization of Petroleum Exporting...
OPEC members failed to agree an oil production ceiling on Friday at a meeting that ended in acrimony, after Iran...
OPEC is expected to stick with its strategy of not cutting oil production when its ministers meet in Vienna on...
As the fall in global oil prices bites harder on Nigeria’s economy, Rachid Benmassoud, World Bank country director in Nigeria,...
Pressure is being mounted on the Nigeria Liquefied Natural Gas (NLNG) located in Bonny Island, Rivers State, to join in...
OPEC oil output has risen in November from the previous month, a Reuter’s survey found, led by a rebound in...
Oil extended losses after its biggest monthly decline since July as OPEC showed few signs of slowing its production heading...
It is a cautious week as Organization of the Petroleum Exporting Countries (OPEC) members, other oil producers outside the cartel...
Iran is targeting about $30 billion in investment by offering 70 oil and natural gas projects to international companies as...