Cote d’Ivoire will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf...
Malaysian state-owned oil firm Petronas has bought Statoil’s stakes in the BP-operated Shah Deniz project from Norway’s Statoil for US$2.25...
The Federal Government has stipulated new security standards for operators of fuel depots across the country, just as the military is stepping up its onslaught against Boko...
Panoro Energy ASA and its joint venture partners has taken a final investment decision to develop the Aje Cenomanian oil reservoir...
United States, for the first time, imported no Nigerian barrels of crude oil in July 2014, despite its overall crude...
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...