The Federal High Court of Nigeria on Wednesday formally charged the first minister hailing from President Goodluck Jonatan’s cabinet, former… Read More
Oil prices rose steadily on Tuesday and Wednesday amid an outage in the North Sea and data showing that US… Read More
About 24,000 defects were found on railroads used for volatile crude transportation in the US over the past two years,… Read More
A signing ceremony on Cyprus on Wednesday kicked off an ExxonMobil and Qatar Petroleum (QP) exploration drilling campaign along the… Read More
Shell has reached a conditional sales agreement with fuel distribution services company DCC Energy for its LPG operations in Hong… Read More
Australia’s Beach Energy on Wednesday announced the completion of its four-well exploration and appraisal campaign, reporting three separate gas discoveries. Read More
The unit responsible for the international marketing and trading of Lukoil crude, Litasco, has entered into a joint venture with… Read More
China has overtaken Canada to become the biggest purchaser of US crude, figures released on Tuesday indicate. Read More
China Petroleum Engineering & Construction Corporation (CPECC) will be brought on board for work on the Amur gas-processing plant, Gazprom… Read More
Brazil’s state giant Petrobras is hoping to bring its debt to less than 250% of earnings before interest, tax, depreciation… Read More
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