ABUJA – Nigeria’s revenue from crude oil may be on course to slumping this year as the abundant supply of shale oil to the global market...
NEW YORK – Brent crude oil was largely unchanged in London trading Monday, with activity reduced by the Presidents Day holiday in the U.S. and a...
LONDON – A tectonic shift under way in the global oil trade is increasing the average distance traveled by a typical barrel of oil. This is...
HOUSTON – A worker who remains missing after an explosion and fire at a Chevron-operated gas well in Pennsylvania is presumed dead, as the fire continues...
WASHINGTON – Brent futures fell below $109 per barrel on Monday as disappointing US economic data revived demand growth concerns at the world’s top oil consumer,...
LONDON – Royal Dutch Shell Plc., Europe’s biggest oil company, said crude prices would on average probably remain at current levels or rise steadily for the...
WARRI – More than 1000 workers have been released from the Chevron Escravos gas-to-liquid project in Nigeria after being held hostage by protesters for about a...
… Okonjo-Iweala: Economy has $3.6bn buffer against shock ABUJA – The Senate has taken over the forensic audit of the Nigerian National Petroleum Corporation (NNPC) accounts,...
WARRI -There was panic in Escravos in Warri area of Delta State on Saturday morning as armed troops stormed the Escravos Gas to Liquid facility to...
ABUJA – The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has threatened to embark on strike if the ongoing divestment in the oil sector...
