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...
Saudi Arabia has cut the length of time that its state energy company has exclusive rights to the kingdom’s vast oil and...
The monitoring committee set up by OPEC and non-OPEC producers is already set to meet in Algiers on September 23, but they...
Hansa Heavy Lift has transported a carousel with eight reels weighing a total of 3,508.7 metric tons (3,867 tons) from Newcastle, northeast...
Some easing in multilateral trade tensions, pending strikes in the North Sea and a weaker U.S. dollar added up for a spike...
According to a fact sheet report published by the US Energy Information Administration (EIA), the 15-member OPEC countries earned a total of...
Nord Stream 2 AG has secured permission to install an underwater pipeline for the Nord Stream 2 gas project in Russia’s territorial waters, amid...
Oil giant, Shell Petroleum Development Company (SPDC) Nigeria says it has recovered more than 95 percent of the oil from two spills...