NEW YORK– Brent crude futures fell near a three-month low after Libya sent troops to end an oil blockade in the east region of the country,...
ABUJA – The House of Representatives Committee on Customs and Excise will soon commence investigations of the Nigeria National Petroleum Corporation (NNPC), Oando Plc and 498...
ABUJA – The Nigeria-based oil and gas firm, Oando Energy Resources (Oando), on Monday said it had secured funding for the acquisition of Nigeria’s oil and...
LONDON – Oil futures were trading lower in London Monday, continuing a price drop that began Friday, after poor economic data called China’s recovery into question....
NEW YORK – Chevron Energy Technology Company and GE Oil & Gas announced today the creation of the Chevron GE Technology Alliance, which will develop and...
LAGOS – The contract awarded to Samsung Heavy Industry and Lagos Deep Offshore Logistics by Total for the development of fabrication and integration yards for Egina...
DUBAI – The Organization of Petroleum Exporting Countries will reduce shipments through to mid-February as western demand falls with the end of winter in the northern...
LONDON – Brent crude futures held near $108 per barrel on Friday after strong US economic data renewed hopes of stronger global demand, but prices are...
WASHINGTON – The U.S. State Department is poised to issue an environmental review of the proposed Keystone XL oil pipeline that will likely say the project...
NEW YORK – Chevron Corp, the second-largest U.S. oil company, posted a fourth-quarter profit on Friday that just met Wall Street’s expectations, as refining margins and...
