urges Ogoni to stop oil theft, illegal refining...
Indonesia is close to rejoining OPEC despite a continuing decline in crude output in Southeast Asia’s largest economy. The country...
The Nigerian National Petroleum Corporation (NNPC), has signed an interim Offshore Processing Agreement (OPA) with three of its joint venture...
Waltersmith Petroman Oil Limited, a wholly Nigerian oil exploration and production company, has been selected by the World Economic Forum...
Nigeria Export Promotion Council (NEPC) has constituted an inter-agency committee with the directive to achieve zero rejection of Nigeria’s non-oil...
In 2003 the Department of Petroleum Resources, DPR, awarded the Oil Mining Lease for Uquo marginal field located in OML...
The Organisation of Petroleum Exporting Countries (OPEC) in an editorial in its latest Bulletin said that it is “ready to...
Nigeria has issued additional import allocations for at least 300,000 tonnes of gasoline for the remainder of the third quarter,...
US shale producers reported a cash outflow of more than $30bn in the first half of the year, in a...
One of the biggest bears in the oil market has not been swayed by the snap rally that pushed the...
Brent oil rose on Tuesday as strong European economic data and a year-on-year increase in Chinese crude imports outweighed concerns...
Angola risks losing investment from foreign oil companies as costly government regulations and low world prices make the country, vying...
The North -West Zonal Office of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has enjoined its members to engage...
The North Sea and Nigeria will ship the most crude in more than three years in October, adding to downward...
Lower differentials to dated Brent helped Angola shift more of its October loading cargoes, but roughly a third of the...