LONDON – A UK oil worker kidnapped on his way back from a Medco Energi well site in Indonesia on Tuesday has been released. Malcolm Primrose...
ABUJA – The Petroleum Equalization Fund, PEF, management board has alerted stakeholders over the activities of “some unscrupulous marketers”’ who engage in stealing registration tags for...
LONDON – After two days trapped in freezing cold water and breathing from an air bubble in an upturned tugboat under the ocean, Harrison Okene was...
LONDON – Shell lifted its force majeure on gas supplies to Nigeria’s NLNG, the company said in a statement. “The force majeure was declared on 15th...
ABUJA – Heritage Oil reported Wednesday its Oil Mining Lease, OML, 30 concession in Nigeria is back to producing more than 35,000 barrels of oil per...
LONDON – Maersk Group has launched ‘Quest for Oil’ – a free, highly sophisticated computer game that allows players to experience first-hand the stresses and strains...
CAIRO – Chariot Oil & Gas has agreed on a six-month extension to a pair of licences off Morocco it bought close to the end of...
ABUJA – Chevron Corp. (CVX), the second-largest U.S. oil company, said it plans to sell its interest in two Nigerian shallow-water leases in the oil-rich delta...
NEW YORK – The US Energy Administration, EIA, has issued its first estimate of technically recoverable shale and tight oil worldwide, a sum of 345 billion...
MAPUTO – Indian companies, ONGC Videsh and Oil India, will acquire compatriot Videocon Industries’ 10% share of the Anadarko-led Area 1 block off Mozambique for $2.475...
