Rosneft, Russia’s largest oil producer raised at least $1.5 billion through a five-year deal to supply crude oil and fuel...
India made a $550 million payment to Iran to partly clear pending oil dues, under an interim deal that allows...
The world has saved $3.5 trillion over the last 30 years by maintaining emergency oil stocks to offset supply shocks...
Almost a year and a half after the unprecedented attack on In Amenas natural gas plant in Algeria, the facility...
Brent headed for the first weekly drop since violence erupted in Iraq amid speculation that oil output would remain safe...
The Nigerian Stock Exchange (NSE) concluded its review of the prices of stocks, as part of its plans to improve...
ExxonMobil is in talks with state-run Turkish Petroleum Corporation (TPAO) over a venture to explore for shale gas in the...
ExxonMobil is in talks with state-run Turkish Petroleum Corporation (TPAO) over a venture to explore for shale gas in the...
Angolan crude differentials remained under pressure on Tuesday from lacklustre demand on the part of major buyers and weak refining...
Brent slipped below $113 a barrel on Monday, as supplies disruption fears from Iraq eased after government forces launched a...
The Federal Government is losing hundreds of millions of dollars to its failure to renew the leases of some oil...
Declining hydrocarbon reserves coupled with failing oil production owing to reduced exploration activities would be the focus of oil and...
The communities that make up the $16 billion Ogidigben Gas City (Export Processing Zone) have resolved to stop further acrimony...
Vice President Namadi Sambo has unveiled Federal Government’s plan to commence work on the 3050 megawatts Mambilla Hydro Dam in...
Brent crude oil held steady near 114 dollars a barrel on Thursday, with traders watching developments in Iraq for the...