NEW DELHI – State-controlled Indian Oil Corp. is close to acquiring a 10% stake in Malaysia’s Petroliam Nasional Bhd’s shale-gas assets and a liquefied-natural-gas project in...
BEIJING – PetroChina, Asia’s largest oil and gas producer, has found 308.2 billion cubic metres of technically recoverable gas in southwest China’s Sichuan basin, according to...
ABUJA – The absence of the Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke, the Nigerian National Petroleum Corporation (NNPC) and Pipeline Products Marketing Company (PPMC) Monday...
BENIN – Edo State House of Assembly gave nod to the state government to make provision of the sum of $33.370.589.54million supplementary appropriation for the contribution...
LONDON – Crude-oil prices were up Tuesday, with U.S. benchmark WTI holding above $100 a barrel and with the Federal Reserve meeting later firmly in focus....
… To declare dividend to shareholders LAGOS – Japaul Oil & Maritime Services Plc is planning to raise about N50 billion fresh fund to boost its...
ABUJA – Nigerian National Petroleum Corporation, NNPC, weekend, denied claims that it failed to remit $20 billion crude oil revenue to the Federation Account, adding that...
DUBAI – Brent crude eased back after hitting a five-week high above 109 dollars a barrel on Monday as investors bet the U.S. central bank would...
MINNA — Governors of the 13 northern states which fall within the region’s sedimentary base collectively known as the Association of Petroleum Inland Basin States of...
DUBAI – Crude oil futures Monday were holding on to gains that saw both contracts hit year highs, fueled by continuing U.S. cold weather and uncertainty...
