Panoro Energy ASA, an independent E&P company with assets in Nigeria and Gabon, has commenced drilling on the Aje-5 production well on...
Workers in the oil and gas industry have raised concern over the continued inability of the Federal Government through the...
The World Bank has said that commodity prices are expected to remain weak in 2015, despite a slight rebound in...
A drop in oil prices this month is likely to be short-term and will not deflect OPEC from its policy...
Iranian oil has made a comeback following the landmark nuclear energy deal with world powers. Tehran and major powers, Britain,...
Experts gathered for a policy roundtable under the aegis of Centre for Petroleum Information (CPI) recently in Lagos to brainstorm...
Exxon Mobil, Chevron and Total have opted out of Mexico’s historic oil auction because the fields are too small. None...
Seven Energy has secured a $495 million loan from a consortium of Nigerian and international lenders to help fund its...
The global oil market should be more balanced next year as China and the developing world increase oil consumption while...
Nigeria’s state oil company NNPC has banned 113 oil tankers from the country’s waters, citing a directive from President Muhammadu...
Brent crude rose and US futures dipped as expectations of increased exports from Iran capped prices and helped both contracts...
Shell Petroleum Development Company (SPDC) has returned to the interior areas of Ogoni ethnic communities with a campaign against oil...
Mexico saw disappointing results on Wednesday in its first ever public bidding phase for oil and gas blocks in the...
Gani Adams says his faction of the O’odua People’s Congress (OPC) will not participate in the protest against the withdrawal...
On June 19, 2014, NYMEX contracts traded at $106 per barrel while Brent peaked at almost $116 per barrel on...