Russia’s Gazprom will invest $18.1 billion in 2015, the bulk for development of the Yamal peninsula gas deposits and also...
Vladimir Putin, Russia’s president has said the country’s economy, already battered by sanctions and a collapsing currency, faces a potential...
A renewed downward lurch in oil prices put emerging market commodity currencies under more pressure on Thursday, with Russia’s rouble...
Oil prices have been forecasted to shoot back up again, according to the annual World Oil Outlook released by the...
Petroleum products distributed by major and independent marketers across the six geo-political zones in the first half of 2014 (H1...
Abu Dhabi, the gulf emirate, seems to be leaning towards Asian firms when it renews a decades-old major oil concession...
The management of 3D Hitech Systems Limited said it has acquired $500 million gas assets to boost gas supply to...
US crude climbed less than a dollar but still finished down more than 2 percent for the week, marking the...
The global energy industry is undergoing a seismic shift, in part, driven by development of new, unconventional sources of energy,...
The Federal Government, the NERC and the Department of Petroleum Resources have set out an agenda to boost gas supply...
The Society of Petroleum Engineers (SPE), Nigeria Council, said that expansion in new oil and gas finds in Africa and...
The new head of French energy major Total, Patrick Pouyanne, in his first public appearance since his predecessor Christophe de...
Goldman Sachs has slashed its 2015 oil price forecasts, making it the most bearish among major financial institutions, adding pressure...
Argentina’s Congress gave final approval to a law revamping energy investment regulations, the latest step by President Cristina Fernandez to...
The industrial action by oil workers at Jubilee Oilfield in the Western Region is set to result in significant reduction...