Crude at $40 a barrel is unsustainable and prices will have to rise as supply drops out of the market,...
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is...
As NNPC, JV partners fail to implement 2013 business plan...
The Nigeria Liquefied Natural Gas company (NLNG), Bonny Island, Rivers State, has shipped 3,200 liquefied natural gas (LNG) cargoes by...
Drillers added rigs in U.S. oilfields for the seventh time in the past eight weeks as declining crude prices fail...
India plans to sell a 10 percent stake in Indian Oil Corp., the nation’s largest state-run refiner, as the government...
Nigeria is said to be losing between $3.5 billion to $5 billion to gas flaring annually, despite current efforts at...
A new innovation that would enhanced better relationship between oil companies and host communities is in the offing, as the...
Nigerian National Petroleum Corporation (NNPC) group managing director (GMD), Emmanuel Ibe Kachikwu, yesterday, called for speedy deregulation of the nation’s...
The Controller, Department of Petroleum Resources (DPR) in Kwara, Mr Amos Jokodola, has promised to enforce sale of petrol at...
Total E&P Nigeria Limited (TEPNG) says it has stopped expedition of crude oil on its Obagi – Rumuekpe 12” Oil...
Midwestern Oil and Gas has won the Upstream Company of the Year Award in a ceremony organised by Oil and...
The Obama administration granted Royal Dutch Shell final clearance to resume drilling for oil and gas in the environmentally fragile...
With huge reserves of 185 trillion cubic feet, the gas sub-sector of the industry signifies enormous potential for not just...
The Independent Petroleum Producers Group (IPPG), comprising indigenous oil companies, Wednesday projected a 30% increase in local production of Nigeria’s total crude...