Crude oil is poised to extend the biggest slump in more than two years after Saudi Arabia signaled it is...
Brent crude futures rose towards $94 per barrel after a three-day slide pulled prices to their lowest since 2012, but...
As part of the funding made available by the EU’s TEN-T Programme, a total of 14 LNG projects have been...
Italy’s Saipem announced that it has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for...
BP Oman has announced that the firm has awarded two long term drilling contracts for the Khazzan project in Block...
Kosmos Energy is set to sign a $400 million “farm-in” agreement with Senegal’s state-owned hydrocarbon firm Petrosen and Timis Corp...
CAMAC Energy has announced an updated independent assessment of the company’s prospective resources for four offshore Nigeria prospects. The prospects...
Driven by low demand, total gas imports in the UK have fallen 20 per cent in the second quarter of...
Nigerian crude differentials stabilised on Monday, although some traders said the market could come under further downward pressure given the limited demand. Around...
Italian prosecutors investigating state-backed firm Eni SpA over the purchase of a Nigerian oil field three years ago allege that...
In 2013, Nigeria’s natural gas production levels dropped by 9.8 percent or 4.2 billion cubic metres, from the 42.6 billion...
Recent erratic power supply in Ghana has left citizens bewildered; most especially, businesses and industries that require constant and steady...
The indigenous oil firms grew gas production by 87 percent as shown by the Nigerian National Petroleum Corporation (NNPC) monthly...
Eni has won three new exploration licenses in Egypt as a result of the 2013 Egyptian General Petroleum Corp. (EGPC)...
Saudi Arabia, the largest crude producer in OPEC, plans to keep output steady until the end of the year after...