NEW YORK – Brent crude slipped to a three-week low at $108 on Thursday on ample supply in the US and as tensions over Ukraine cooled....
NEW YORK – U.S. crude futures held gains Wednesday after official U.S. data showed a larger-than-expected drop in domestic oil inventories. Light sweet crude futures for...
ABUJA – The Nigerian National Petroleum Corporation (NNPC) on Wednesday said it had fixed the pipelines that were vandalised at Arepo in Ogun and commenced pumping...
WASHINGTON – U.S. oil prices turned downward Monday on signs of increasing supply and worries about the far extended positions of money managers. Light, sweet crude...
By Joseph BAMIDELE ABUJA – As part of efforts to boost indigenous capacity in the Oil and Gas Sector, the Ministry of Petroleum Resources and the...
ABUJA – Offshore driller Seadrill signed a five-year, $1.1 billion contract with Total for work offshore Nigeria, it said on Monday. The contract, for Seadrill’s newly...
Houston Tx – The Petroleum Technology Development Fund (PTDF)is saddled with the responsibility of equipping Nigerians with the requisite technical skills needed to function in the oil...
ABUJA — The Senate, yesterday, said that the suspended Governor of the Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi lied by saying that the...
LONDON – Brent futures held near $110 per barrel on Thursday on hopes of improved demand from the world’s top oil consumer, as a sharp fall...
By Joseph BAMIDELE HOUSTON – Chevron Corporation (NYSE: CVX) today held its Annual Stakeholders Meeting (ASM) and has provided an overview of the company’s 2013 operational...
