Secretary-General of OPEC, Mohammad Barkindo, called for cooperation between OPEC and non-OPEC countries on Tuesday, warning that failure to do so could...
Oil prices jumped more than 2 percent to a four-year high on Monday after Saudi Arabia and Russia ruled out any immediate...
OPEC and allied oil producers including Russia ended their meeting in Algeria on Sunday with no formal recommendation for any additional supply...
OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in...
OPEC and its allies are unlikely to agree an official increase in crude output when they meet in Algeria this weekend, although...
An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of...
The Monthly Financial and Operations Report for April, 2018, released by the Nigerian National Petroleum Corporation (NNPC) in Abuja on Thursday showed...
With crude oil prices hovering around $80 a barrel, the landing cost of a litre of PMS otherwise known as petrol has...
Aqualis Offshore has completed its position keeping role for the Egina FPSO, which is now safely moored offshore Nigeria. Its team of...
The Nigerian National Petroleum Corporation (NNPC) said it is close to wrapping up funding arrangements on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project....