Italy’s Eni reported that it has made a new oil discovery at the Ochigufu exploration prospect, located in deep water...
Energy firm Oando Plc plans to increase its oil production capacity to 100,000 barrels per day over the next five...
Twenty-five ministers from 23 countries will be gathering at the World Energy Council’s (WEC) World Energy Leaders’ Summit in Cartagena,...
Trade in West African crude oil cargoes was slow on Monday, with traders saying that Angolan offers were too high...
Experts at the recently concluded 4th BusinessDay Power Roundtable with the theme, ‘Making the Power Sector Work in a Privatised...
The Federal Government on Friday announced new measures to address financing related issues in the power sector, including a N213...
Scotland goes to the polls on September 18 2014 in a referendum over its independence and the latest surveys show...
Japan, South Korea and Spain accounted for 53 percent of Nigeria Liquefied Natural Gas (NLNG) exported in 2013 as shown ...
A federal judge in New Orleans recently ruled that BP’s “gross negligence” caused the massive oil spill in the Gulf...
Real growth in the oil sector was recorded at 5.40 percent in the second quarter (Q2) of 2014 (-5.22 percent...
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by through the...
FloWell, paraffin wax and Asphaltene remediation technology has just been introduced into Nigeria oilfield market. PetroDynamic Energy Services Nigeria Limited,...
Tanzania’s tax authority has scrapped plans to review mining and gas contracts, after its announcement of the move rattled investors...
Brent crude fell below $98 a barrel heading for its worst week in six, as concerns over weak demand outweighed...
Four months after taking to the helm of Italian state-run Eni CEO, Claudio Descalzi is now the subject of a...