China’s energy heavyweights Sinopec and PetroChina have upgraded their outlook on the country’s shale gas industry, citing steadily declining costs,...
PetroChina posted a 15 percent rise in second-quarter profit, partly due to higher upstream earnings and improved refining margins. Second-quarter...
Saudi Aramco, the world’s biggest oil producer, plans to invest $40 billion a year over the next decade to keep...
Afren, which operates in Nigeria and Iraqi Kurdistan, slashed its full-year production forecast by 20 percent after counting its losses...
Total is pushing ahead with a giant Russian natural gas project in the Arctic as escalating fighting in Ukraine raises...
OPEC crude oil production increased to a one-year high in August, led by surging output in Nigeria, a Bloomberg survey...
Surging oil production in Nigeria led output from the Organisation of Petroleum Exporting Countries (OPEC) to a one-year high in...
Brent crude ended flat as improving supply and concerns about tepid demand for oil in Europe and China offset concerns...
Russia’s Rosneft, world’s largest oil producer, is seeking a $42 billion loan from a fund earmarked for Russian pensions to...
Russia’s Rosneft, world’s largest oil producer, is seeking a $42 billion loan from a fund earmarked for Russian pensions to...
Last week, industry stakeholders and security experts converged on Lagos to confer on the theme ‘Pipeline Vandalism and its Socio-Economic...
Papua New Guinea oil and gas producer Oil Search Ltd beat forecasts with a 34 percent rise in half-year profit,...
Brent at below $103 per barrel headed for a second weekly loss as easing geopolitical risks and higher global oil...
The Nigerian Gas Association (NGA) will hold two-day definitive training on Fundamentals of Gas Projects Management from Thursday 28th to...
Former First Hydrocarbon Nigeria (FHN) executive, Ahonsi Unuigbe has founded an upstream oil and gas company, Petralon Energy, BusinessDay West...