Nigeria to introduce crude trading on commodities exchange
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Nigeria - April 19, 2024

Up to 20% of Nigeria's crude will be traded on the Lagos commodities exchange under a new government plan.

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USA - August 15, 2016

Several workers were injured in a flash fire at a construction project at Sunoco Logistics’ oil terminal in Texas on Saturday.“Seven…

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India - August 15, 2016

GE signed a memorandum of understanding with L&T for the manufacturing of subsea equipment for India’s Kirshna-Godavari Basin on the…

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Australia - August 15, 2016

Australia’s LNG exports rose by 2% last month following a worldwide rise in demand for the product, according to a report released by consultancy…

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Egypt - August 12, 2016

Eni is reportedly courting several fellow international oil companies for a stake in its Zohr gasfield offshore Egypt, people familiar with the…

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Indonesia - August 12, 2016

Indonesian President Joko Widodo has signed off on plan create holding companies for the main sectors of the country’s economy, including oil and…

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Brazil - August 12, 2016

Brazil’s Petrobras posted its quarterly figures late on Thursday, reporting a drop in net profit and a decline in revenue.At USD 117.8…

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China - August 12, 2016

China has been relegated to the world’s fifth-largest crude producer, as China’s National Bureau of Statistics production figures for July…

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Russia - August 11, 2016

Rosneft posted its operational results over the second quarter and the first half of 2016 on Thursday, reporting a marginal increase in hydrocarbons…

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