Trading house Vitol has purchased a single liquefied natural gas (LNG) cargo offered by Nigeria’s Bonny Island export plant following...
Nigeria Liquefied Natural Gas (NLNG) Limited has affirmed its commitment to providing the nation with sufficient volumes of liquefied petroleum...
Tomorrow, Organisation of Petroleum Producing Countries (OPEC) will its 166th (Ordinary) meeting in what many see as a crunch meeting...
As oil ministers from OPEC’s 12 member states prepare to fly into Vienna this week, they face their biggest challenge...
Coal has been fuelling the world’s energy demands for about two centuries now and it is no coincidence that it...
Norwegian energy group Statoil will keep exploration drilling high in 2015 and plans to approve a new project this year,...
Analysts believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when...
Venezuela is sending its first shipment of crude mixed with Algerian light oil to China, according to state oil company...
Indian refiners paid $400 million to Iran ahead of deadline of the interim deal with six world powers that allows...
State oil giant Saudi Aramco expects to have 900 billion barrels of oil resources by 2025, up from the current...
Brent crude oil rose by $1 to above $80 a barrel after China cut interest rates and on speculation that...
Bank directors have challenged the deposit money banks to think outside the box and fund the identified sector or real...
The oil sector has seen low foreign direct investment (FDI) due to the delay of the passage of Petroleum Industry...
Bayelsa State government has announced a major breakthrough in efforts to ensure the take off of the multi-million naira Brass...
Energy analysts across the globe see the price of oil hitting a bottom in the near term, with the expected...