ANKARA – Iraq and northern Kurdistan appear to have found a formula that will allow the autonomous region to export oil to Turkey in a new...
LAGOS – Less than one month to the end of the year the oil and gas sector of the stock market has maintained its lead, recording...
DUBAI – Oil futures ticked higher early Tuesday as market participants bet that a weekly government report due Wednesday would show the first drawdown in U.S....
WARSAW – Poland’s state-controlled companies Grupa Lotos SA and Grupa Azoty SA want to build a 12 billion zloty ($3.9 billion) petrochemical plant as part of...
LONDON – Petrofac Ltd Tuesday said it has teamed with Taleveras Energy Resources Ltd in a cooperation deal with the Nigerian National Petroleum Company (NNPC) to...
NEW YORK – Brent crude futures climbed to their highest level in nearly three months as traders bet that a series of upbeat economic reports across...
By Joseph BAMIDELE LAGOS – The Ofon Phase 2 process platform (OFP2) is on its way to the Ofon field located in the Oil Mining Lease...
NEW YORK – Crude oil futures were down slightly in London trading Monday, with supply and demand reasonably balanced, and ahead of an OPEC meeting that...
LAGOS – Oil workers under the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), and the National Union of Petroleum and Natural Gas Workers...
VIENNA – Bijan Zanganeh returns this week to the same Vienna hotel suite he last occupied eight years ago as Iranian oil minister, ready to prepare...
