LAGOS-Shell has announced that it has been chosen by BMW AG as its only recommended global supplier for aftermarket engine oils for the following BMW brands: BMW,...
LAGOS-India’s ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, is looking to buy a stake in the assets of Africa-focused exploration company...
Rig contractor Transocean Ltd said it expected to incur impairment charges of $2.76 billion in the third quarter and would delay its results for the period,...
LAGOS-SHELL Nigeria Exploration and Production Company Ltd (SNEPCo) has announced plans to drill eight more wells in the Bonga field to help maximise deep-water production off...
ABUJA-The appointments of four management staff of the Petroleum Technology Development Fund were terminated on Friday by the F ederal Ministry of Petroleum Resources. A brief...
LAGOS-For the first time in almost four years, U.S. drivers are paying less than $3 a gallon at the pump. Retail gasoline prices will average...
LAGOS– IN furtherance of Nigerian content development, the Petroleum Technology Association of Nigeria (PETAN) signed a Memorandum of Understanding with Nigeria Agip Exploration (NAE) to foster collaboration, develop...
LAGOS-Royal Dutch Shell announced Thursday that it has appointed a new chairman as it reported third-quarter results that were ahead of expectations. Shell has appointed Chad...
LAGOS– The new head of French energy major Total challenged Europe to fight Washington over the U.S. oil export ban, in his first public appearance since his...
The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China, Mideast violence...
