NEW YORK – Brent crude steadied near a 2-month high above $110 per barrel on Thursday, supported by a large draw in US crude stocks and...
NEW YORK – A federal appeals court has refused to reconsider a major decision in the long-running battle over the 2010 gulf oil spill, leaving in...
WASHINGTON – On Wednesday,Brent futures edged higher towards $110 per barrel which was supported by violence in Opec oil producer Libya and industry data showing an...
TORONTO – ExxonMobil’s Canadian outfit is considering plans for the deepest offshore well ever to be drilling in the Arctic. Imperial Oil has raised concerns with...
ABUJA – Nigeria lost N1.292 trillion in one year, as the country’s crude oil earnings dipped by 15.92 per cent to N6.825 trillion in 2013. This,...
LONDON – A trio of campaign groups have said they plan to raise questions at the annual general meeting of Anglo-Dutch supermajor Shell in The Hague...
NEW YORK – Brent crude held steady above $109 a barrel on Tuesday, as unrest and low output in Opec-producer Libya offset expectations of a build...
….Appeals to Oil Thieves to Refrain from Pipeline Hacking By Joseph ADEOYE PORT HARCOURT – The Nigerian National Petroleum Corporation (NNPC) on Monday refuted reports in...
PORT HARCOURT – Pipeline vandals caused an explosion at a jetty near Nigeria’s 210 000-barrels-per-day capacity refinery in the southern oil hub of Port Harcourt, officials...
ABUJA – In an effort to arrest the youth restiveness in Nigeria’s oil rich Niger Delta region the Shell Petroleum Development Company (SPDC) has announced its...
