NEW YORK — U.S. crude oil ticked lower Thursday ahead of a weekly government storage report, which is expected to show that domestic crude stocks rose...
LONDON — Royal Dutch Shell PLC said Thursday it is selling its downstream business in Italy to Kuwait Petroleum International for an undisclosed sum, citing “commercial...
ABUJA – The name Malam Nuhu Ribadu has become synonymous with the Economic and Financial Crimes Commission (EFCC), given the role he played as pioneer chairman...
LAGOS – Nigerian energy firm Oando said on Tuesday is shareholders had approved plans to raise N250 billion ($1.54 billion) through a combination of rights issues,...
WASHINGTON – Brent crude was little changed on Tuesday, staying above $109 a barrel, as robust demand for heating purposes from North America and a weak...
DUBAI – Turkey’s energy minister has denied reports that a sale has been carried out of Kurdish oil being shipped through a new pipeline as renewed...
LAGOS – Hundreds of inhabitants of Ibadan, the Oyo State capital, were in jubilant mood Monday as the Independent Petroleum Marketers of Nigeria (IPMAN) sold kerosene...
LONDON – Crude-oil futures were becalmed Tuesday, with trading volumes yet to recover from the Presidents Day holiday. Many market makers were also absent at an...
ABUJA – Dr. Obiageli Ezekwesili, former Vice President of the World Bank, former Minister of Solid Minerals and former Minister of Education has faulted the proposed...
JOHANNESBURG — French oil company Total said Tuesday it will spend hundreds of millions of dollars on exploration drilling in South Africa this year. Total has...
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