JOHANESBURG- ITALIAN Oil giant Eni CEO Claudio Descalzi is under investigation by Italian prosecutors over alleged international corruption relating to a big Nigerian oil deal. Milan...
JOHANESBURG-Assessments of Nigerian crude oil differentials for October loading cargoes fell further on Friday on strong competition from oil from other regions and slack European...
The Independent Petroleum Marketers Association of Nigeria, IPMAN has expressed dismay over the absence of storage facilities in Atlas Cove for Dual Purpose Kerosene, DPK. ...
JOHANESBURG-There are indications that the huge demand for Nigerian crude oil cargoes may have suffered some setback as demand has remained scanty according to traders early Tuesday, even as hopes...
JOHANESBURG-West Africa-focused Eland Oil & Gas has announced the promotion of its chief financial officer, George Maxwell, as the new chief executive officer.Maxwell, a founding director...
JOHANESBURG-Sellers of October loading Nigerian crude oil cargoes lowered their offers in response to slow sales in a bid to stir some activity in a lacklustre...
LAGOS-Differentials for Nigerian crude oil held above the lows set last month, supported by higher refining margins in Europe, traders said on Friday. Nigerian crude oil...
LAGOS-The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009 with the Middle Eastern oil...
LAGOS-Eland said production at the Opuama field, covered by the OML 40 license, has recommenced with production stabilising at an average rate of over 3,500 barrels...
ABUJA-As part of efforts to stamp out illegal oil bunkering , the Nigerian National Petroleum Corporation, NNPC and the Nigerian Navy have pledged to work...
