MOSCOW – Angola has delayed bidding for new licences to explore for oil to the first quarter of 2014 and would welcome bids from Russian companies,...
BEIJING – Russia is planning to more than triple crude-oil exports to China over the next decade, but it doesn’t look set to increase production proportionally....
NEW YORK – Crude-oil futures were mixed in a muted session on Monday ahead of the U.S. Energy Information Administration’s weekly inventory report and the outcome...
LONDON – Brazilian commodities tycoon Eike Batista’s troubled oil company OGX is set to file for bankruptcy protection in Brazil in the coming days, people familiar...
By Joseph BAMIDELE LONDON – Nigeria’s Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has declared that the grave phenomenon of oil theft and its global support...
KAMPALA – Adulterated fuel on the market is rising in Uganda mainly boosted by the easy availability of cheap kerosene used for mixing, fuel distributors have...
… Sapetro to Pump From Seme BENIN – Benin is set to resume crude output after South Atlantic Petroleum Ltd, a closely held Nigerian oil company, said...
MADRID – Spain’s regional and central governments could be liable to refund billions of euros to businesses and consumers if Europe’s top court follows an opinion...
LAGOS – The President, Dangote Group, Aliko Dangote, has declared that only an enabling environment provided by all stakeholders in the industry remained the panacea for...
SYDNEY – Chevron Corporation today announced its Australian subsidiary has acquired exploration interests in two offshore blocks located in the Bight Basin , a deepwater frontier...
