Boasting huge hydrocarbons resources yet to be exploited, Nigerian offshore domain is fraught with increasing threats, casting a shadow on...
Battling with energy shortages, South Africa is looking to gas-rich Mozambique and its shale gas resources as it plans to...
Despite US long-standing concern over independent oil sales from Kurdistan, a tanker carrying crude oil from the autonomous region is...
Syria’s oil sector has lost around $23.5 billion due to damage to facilities and pipelines, looting and production delays since...
The capital market is meant to provide long term funding for investors. While the Nigerian capital market has been a...
Aberdeen-based drilling and engineering contractor KCA Deutag said that it has won a $170 million contract with Sonangol Pesquisa e...
ExxonMobil is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country’s largest and the first major...
Drilling plans for offshore Liberia have been delayed due to an Ebola virus outbreak in the region, Canadian Overseas Petroleum...
Brent oil prices reversed early losses to climb more than $1 a barrel as fighting in Ukraine and deteriorating relations...
The Nigerian National Petroleum Corporation (NNPC) has expressed satisfaction at the significant contributions of Nigeria Liquefied Natural Gas (NLNG) Limited...
Refineries in South Korea are gearing up to trim output in August on persistently weak margins and as some units...
Canadian explorer Africa Oil Corp. and its partner Tullow Oil are likely to bring in a third partner to help...
The National Petro¬leum Investment Management Ser¬vices (NAPIMS) has approved that Mobil Produc¬ing Nigeria Unlimited (MPN), operator of the Nigerian Na¬tional...
Eni SpA (ENI) crews in Angola, Africa’s second-largest crude oil producer, upgraded a production vessel for new pumping this year...
Eni SpA (ENI) crews in Angola, Africa’s second-largest crude oil producer, upgraded a production vessel for new pumping this year...