The price of crude oil has dropped dramatically from its above $100/b highs to sub-$50/b levels, with a near term...
Oil prices jumped in Asian trading as news of the death of Saudi Arabia’s King Abdullah added to uncertainty in...
The United Arab Emirates will continue building and upgrading its oil facilities to maintain its role as a major producer...
A major power supply boost is on the way as Total Nigeria Limited an- nounced in Port Harcourt, Rivers State,...
Brent crude was buoyed by market uncertainty over the future of Saudi oil output, while US crude fell on more...
French oil and gas company Total will cut spending on ageing North Sea fields and on US shale production after...
Historic change of roles is at the heart of the clamour and turmoil over the col- lapse of oil prices,...
Oil prices steadied above 48 dollars a barrel on Tuesday, recovering from earlier losses as the dollar weakened against the...
Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called on the Federal Government to declare a state of...
With oil prices presently below $50 per barrel, economic managers and government officials have been challenged by stakeholders and analysts...
Rigs targeting US oil slid to the fewest in two years as explorers retreated from North Dakota’s Bakken formation at...
The Federal Government resumed operations on its Trans Forcados oil pipeline, a senior oil official said on Monday, bringing back on...
Head of corporate communications/special adviser to the managing director of Indorama Eleme Petrochemicals, Port Harcourt, Sir Jossy Nkwocha, was formally...
The dash for resources that saw explorers invest billions of dollars to tap promising oil fields from Ghana on the...
Oil erased gains in New York following the death of King Abdullah of Saudi Arabia as his successor said policies...