Petrobras, the state-run oil producer battered by months of bad publicity from a corruption probe and asset write-offs, reported some...
Some OPEC members are trying to bring major non-OPEC producers such as Russia on board in cutting supplies, as the...
With plunging crude prices, there is need to think differently, try something different, otherwise we will continue to obtain the...
Ghana’s state-run oil giant will soon be in the international market to finalize a transaction covering a $400 million dollar...
Oil slipped toward $65 a barrel on Monday as signs that US shale oil production was recovering after a recent...
Oil producers are taking advantage of the rebound in oil markets by locking in prices for next year and beyond,...
The first quarter of 2015 was the first in which the oil price drop will truly reflect in the numbers...
Africa Oil announced that it has entered into an investment agreement with Stampede Natural Resources, an entity owned by a...
Asian spot liquefied natural gas (LNG) prices for June delivery inched higher this week as the demand outlook improved slightly,...
Sinopec, Asia’s largest refiner, posted an 85 percent fall in first-quarter profit as a sharp decline in international crude prices...
The Federal Government and oil marketers on Monday evening assured that the present fuel scarcity across the country would ease...
Part of a growing glut of West African light sweet crude cargoes looks set to arbitrage into North America, following...
US benchmark oil prices surged to a four-month high after stockpiles at the nation’s biggest storage hub fell for the...
Countries, where Sinopec Group have investments, have been placed on red alert after it emerged that the Chinese firm plans...
The Organisation of Oil Exporting Countries’ (OPEC) oil supply in April has jumped to its highest in more than two...