TORONTO – Malaysia’s Petronas has agreed to sell a 25% stake in its Canadian shale gas assets to unnamed companies from India and Asian, the state...
NEW YORK – Though it is more science than art, “steady increases in the production of natural gas, crude oil and alternative-energy have moved the United...
JOHANNESBURG – Angolan state oil company Sonangol reportedly has decided to exit Iraq due to security concerns, with Italy’s Eni also threatening to do the same...
NEW YORK – Brent futures eased on Tuesday as US crude stockpiles rose for a second straight week, but held above $110 per barrel on concerns...
ABUJA – The Nigerian National Petroleum Corporation (NNPC) on Tuesday debunked claims that the corporation connived with Swiss oil companies to defraud Nigeria. Mr Andrew Yakubu,...
NEW YORK – Oil prices fell Tuesday as the brutal U.S. winter that has driven demand for heating-related fuels showed evidence of waning, and new data...
ABUJA – After months of claims and counter claims about alleged missing billions of dollars from the Nigerian National Petroleum Corporation (NNPC) the head of the...
WASHINGTON – Brent futures rose above $110 a barrel on Monday, defying the losses seen in most other risk assets on expectations of revived demand growth...
ABUJA – As controversy continues to trail the alleged unremitted $20 billion by the Nigerian National Petroleum Corporation, NNPC, to the federation account, the Nigerian Petroleum...
ABUJA – The presidency has assured Nigerians that the Minister of Petroleum Resources, Deziani Allison-Madueke and other chief executives of parastatals under her ministry will be...