LONDON – Anglo-Dutch oil company Royal Dutch Shell plans to sell assets, cut spending and freeze a controversial Arctic drilling program to improve returns after a...
LONDON — Royal Dutch Shell PLC on Thursday said it would abandon drilling in the U.S. Arctic, as it reported a 71% decline in fourth-quarter profit...
BEIJING – Brent oil was $107 a barrel on Monday as slowdown in China demand creates worries, but cold weather of northern Hemisphere and tensions in...
LONDON – Anglo-Dutch energy giant Royal Dutch Shell said on Wednesday that it has sold a large stake in an offshore Brazilian oil field to Qatar...
LONDON — Oil major BP PLC said Wednesday that production has started at the West Chirag platform of the Azeri-Chirag-Gunashli field in the Azerbaijan sector of...
ABUJA – US oil giant Chevron has announced it will “vigorously” oppose a $5 billion lawsuit filed in the United States by Nigerians residing in the vicinity...
ABUJA -A diesel tanker, yesterday, exploded and killed two persons at Bakin-Dutse in Funtua Local Government Area of Katsina State. Eye witnesses said the deceased persons...
LONDON – Crude-oil futures traded in a narrow range in London Wednesday as investors awaited the outcome of a U.S. Federal Reserve meeting and weekly oil-inventory...
…Says It Has Mobilised to Contain Spill ABUJA – The Nigerian National Petroleum Corporation (NNPC) and its midstream operator, Pipeline and Products Marketing Company (PPMC) have...
DUBAI – Oil futures rose on Tuesday, as traders awaited the start of the Federal Reserve’s two-day policy meeting and as colder-than-normal temperatures sparked some concern...
