LONDON – Iran’s oil exports have picked up modestly in January for the third consecutive month, according to sources who track tanker movements, adding to signs...
ABUJA – Eland Oil and Gas PLC said it has now completed the restoration work of the production facilities at the Opuama oil field. The company...
NEW YORK – Brent crude edged down towards $106 a barrel on Tuesday as Libyan supply picked up and as the restart of Iranian oil shipments...
ABUJA – Following the controversy that trailed the controversial $49.8 billion missing from federation account, the Nigerian National Petroleum Corporation, NNPC has disclosed that the disputed...
NEW YORK – BP has lost an appeal to cancel the terms of its multi-billion-dollar settlement with businesses over the 2010 Gulf of Mexico oil spill...
BEIJING – China, which consumes more oil than any country except the U.S., boosted net crude imports to a record high last month as two new...
NEW YORK – Oil futures eased Monday as an interim agreement to limit Iran’s nuclear program fueled expectations that the country’s crude-oil exports could increase, adding...
NEW YORK — American oil companies have not been allowed to export crude for 40 years, but the industry wants to change that, even though the...
LONDON — The French oil giant Total is on the verge of becoming the first major oil company to explore for natural gas and oil in...
JOHANNESBURG – South Sudan’s army has regained the rebel-held Bentiu area to give the government control of its oilfields where production had been halted, the military...
