Norway’s leading investment bank DNB ASA projects crude oil price will continue trading at below $100 a barrel level, with...
A subtle shift may be taking place within OPEC as it heads into its most important meeting in years, according to...
Halliburton is acquiring Baker Hughes for US$34.6 billion in a stock and cash deal. According to the definitive agreement, which...
A planned liquefied natural gas (LNG) export plant to develop Tanzania’s vast gas reserves could cost up to $30 billion, the...
The oil market has entered a new era with lower Chinese economic growth and booming US shale output, making a...
Russia’s Gazprom will invest $18.1 billion in 2015, the bulk for development of the Yamal peninsula gas deposits and also...
Vladimir Putin, Russia’s president has said the country’s economy, already battered by sanctions and a collapsing currency, faces a potential...
A renewed downward lurch in oil prices put emerging market commodity currencies under more pressure on Thursday, with Russia’s rouble...
Oil prices have been forecasted to shoot back up again, according to the annual World Oil Outlook released by the...
Petroleum products distributed by major and independent marketers across the six geo-political zones in the first half of 2014 (H1...
Abu Dhabi, the gulf emirate, seems to be leaning towards Asian firms when it renews a decades-old major oil concession...
The management of 3D Hitech Systems Limited said it has acquired $500 million gas assets to boost gas supply to...
US crude climbed less than a dollar but still finished down more than 2 percent for the week, marking the...
The Federal Government, the NERC and the Department of Petroleum Resources have set out an agenda to boost gas supply...
The Society of Petroleum Engineers (SPE), Nigeria Council, said that expansion in new oil and gas finds in Africa and...