Oil traded above $70 a barrel Tuesday as Tropical Storm Gordon approached offshore oil fields along the U.S. Gulf Coast. Futures rose...
Funding of Nigeria’s $2.8 billion Ajaokuta-Kaduna-Kano (AKK) pipeline project has been guaranteed by China National Petroleum Corporation (CNPC), e360 has learnt. Chinese...
OPEC oil output has risen this month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record,...
ExxonMobil and its partners have achieved a ninth oil discovery in the deepwater Stabroek block offshore Guyana. This marks the fifth discovery...
Shocked by the non-assent of the Petroleum Industry Governance Bill (PIGB) 2018, Auwa Ibrahim Musa (Rafsanjani) Executive Director, CISLAC has said it...
Stakeholders in the oil and gas, and investment sectors have said growing socio-economic uncertainties and political instability could further quash inflow of...
Oil prices rose on Thursday, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela and after a...
The Presidency Wednesday claimed that the provision of the Petroleum Industry Governance Bill (PIGB) 2018 which permits the Petroleum Regulatory Commission (PRC)...
Nigeria’s state oil firm Tuesday said it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day....
South Sudan has resumed pumping 20,000 barrels per day (bpd) of crude oil from the Toma South oilfield, where production had been suspended...