…Both sides say Baghdad’s consent needed for oil exports …Turkey seeks oil from Iraq’s Kurdish northern region …Baghdad says deals between Turkey and Iraqi Kurds illegal...
CARACAS — The late President Hugo Chavez’s dream of leveraging Venezuela’s oil wealth to spread revolution across Latin America is crumbling under the weight of an...
ABUJA – An oil spill from the Brass Oil Export Terminal, operated by the Agip off Bayelsa Coastline, has discharged a yet to be ascertained volume...
ABUJA – Nigerian oil workers have announced their resolve to frustrate President Jonathan’s plan to sell off the refineries to his ‘fronts’ and ‘cronies’. Under the...
LONDON – OPEC member states produced 29.64 million barrels of oil per day in November. This is the lowest indicator since May, 2011. APA-Economics reports that...
LAGOS – The company’s management also declared a profit of N1.7 billion for the year ended March 31st 2013 which represents an increase of over 100%,...
WASHINGTON – The U.S. State Department extended six-month Iran sanctions waivers on Friday to China, India, South Korea and other countries in exchange for their reducing...
NEW YORK – Brent crude oil firmed slightly on Friday and looked set to post the biggest monthly gain since August as prolonged unrest in Libya...
ABUJA – Minister of Petroleum Resources, Diezani Alison-Madueke, has broken her silence on the reported privatization of the nation’s comatose refineries, explaining that government plans to...
ABUJA – Chairman of the Subsidy Reinvestment Committee Programme (SURE-P) Dr Christopher Kolade yesterday said he was resigning to take a rest due to his old...
