NEW YORK – Crude Oil futures were nearly flat Wednesday, as observers waited for U.S. weekly crude oil supplies data a day after government analysts scaled...
NEW YORK– Today Crude Oil prices rose on renewed concerns that tensions between Russia and the West could worsen, leading to sanctions that could affect oil...
…Four Oil Terminals In East of Country To Be Gradually Re-opened NEW YORK – Oil futures slipped Monday on news an agreement had been reached to...
…increases oil output to 160,000 bpd by year end 2014 ABUJA – In an effort to significantly increase its production output the Nigerian National Petroleum Corporation...
LONDON – Production at the giant Kashagan oil field in Kazakhstan is unlikely to restart this summer as the companies involved in the consortium running the...
ABUJA – Italian oil and gas group Eni said it had thought of leaving Nigeria because of the problem of oil theft there, but the possibility...
ABUJA – The National president of the Independent Petroleum Association of Nigeria (IPMAN) Alhaji Aminu Abdulkadri on Wednesday stepped down as IPMAN president over leadership crisis...
NEW DELHI — Oman is in talks with India to buy a minority stake in Petronet LNG Ltd planned liquefied natural gas terminal off India’s east...
PORT HARCOURT – The National Oil Spills Detection and Response Agency, NOSDRA has sought the collaboration of the Joint Task Force, JTF in Niger Delta to tackle...
LONDON – Today, Oil prices continued to fall after Brent lost more than $2 in the previous session on its way to a five-month low. Brent...