WASHINGTON – Chevron Corp. was still trying Wednesday morning to put out a fire at a natural-gas well in southwestern Pennsylvania, a day after an explosion...
WASHINGTON – Oil futures held above $100 a barrel Wednesday ahead of a weekly government storage report, which is expected to show continued strong demand for...
PARIS — Total SA was hit by the same mix of declining refining margins and high exploration costs that have slammed its European peers in the...
LONDON — An economic rebound in Europe and the U.S. is boosting oil demand beyond previous expectations, OPEC said Wednesday, but it warned that turmoil in...
ABUJA – Nigeria’s local content policy on Tuesday received a major boost with the launch of a financial scheme amounting to $8.6 billion by ExxonMobil Nigeria,...
ABUJA – The Federal Government has directed Nigerian National Petroleum Corporation, NNPC, Department of Petroleum Resources, DPR and other relevant agencies to recover the $7.8 billion...
ABUJA – The Federal Government has reinstated its commitment to the implementation of the Extractive Industries Transparency Initiative (EITI) principles as an integral part of the...
MEXICO CITY — Mexican low-cost airline Grupo Viva Aerobus aims to raise some $200 million in an initial public offering of shares in the Mexican market,...
ABUJA – The Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, yesterday in a statement signed by its President, Achese Igwe threatened to stop fuel...
CAIRO – A gas pipeline in Egypt’s Sinai province has been blown up in the latest of a string of attacks on the transport line, according...