LONDON – Brent crude rose above $115 per barrel on Monday, holding near a nine-month high amid concerns of possible disruptions to supply from Iraq where...
NEW YORK – US crude oil jumped above $107 a barrel on Friday, reaching a new nine-month high on the back of profit-taking from the July...
ACCRA – Ghana’s government reintroduced fuel subsidies in April, without announcing the move, and has spent around $85 million since then in extra payments, the head...
LONDON — Royal Dutch Shell is ready to pay up to 30 million pounds ($51 million) in compensation for two oil spills in Nigeria in 2008...
Asia is important and in that respect we have regards for all markets; the important thing is to make sure that you are selling the products...
BAGHDAD – Iraqi government forces battled Sunni rebels for control of the country’s biggest refinery on Thursday as Prime Minister Nuri al-Maliki waited for a U.S....
Oando will be immediately positioned as the largest indigenous oil producer in Nigeria and will now produce circa 50,000 barrels per day from 6 producing fields...
KADUNA – The Managing Director, Kaduna Refinery and Petrochemical Company, Saidu Mohammed said the refinery would run at 100 per cent capacity by 2015. Mohammed made...
NEW YORK – Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country’s biggest refinery and led to the...
SAN RAMON – Chevron Corporation today announced that its subsidiary, Chevron Global Energy Inc. , has sold its 25 percent non-operated interest in a producing oil...
