The United States, a former net crude importer, is now set to become a net exporter of crude by 2022 according to...
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu Tuesday, officially visited the Egina Floating Production Storage Offloading (FPSO), and made a...
U.S. natural gas production has boomed in the past decade, driving gas prices sharply downward. Natural gas has become a competitive choice...
Production of Qua Iboe Crude, Nigeria’s largest crude oil stream, has dropped to its lowest level for the first time since 2010....
Oil prices fell for a sixth day on Friday, with U.S. futures dropping below $60 a barrel for the first time since...
Lebanon said on Friday it had signed its first offshore oil and gas exploration and production agreements for two blocks, as the...
The federal government has begun the export of solid minerals from the Ikorodu Lighter Terminal, Lagos, as part of efforts to ease...
A cargo of crude oil has sailed from Nigeria’s Bonga terminal for the first time since mid-January as operator Shell ramps up...
Oil prices fell to their lowest in six weeks on Thursday after data showed U.S. crude output had reached record highs and...
In a bid to ensure adequate petrol supply across the country and eradicate the lingering queues, the Nigerian National Petroleum Corporation (NNPC)...