Oil and Gas • Energy • News & Markets

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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Perenco takes two Petrobras oilfields in Brazil
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Brazil - April 19, 2024

Petrobras sells its stake in the Cherne and Bagre offshore oilfields to Perenco for $10 million.

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WTI Crude Futures
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USA - September 21, 2015

Crude oil prices rose by around 1 percent on Monday following a Friday report from Baker Hughes showing a drop in the US rig count.At 0625 GMT,…

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Saudi Arabia - September 21, 2015

Saudi Arabia’s inventory of crude oil reached a record high of 320 million barrels in July following months of declining exports.The estimate…

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Pakistan - September 18, 2015

Pakistan’s Mari Petroleum, in a joint venture with Hungary’s MOL Group, made their second discovery in the Karak block of Pakistan.During…

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China - September 18, 2015

Wang Tianpu, former general manager of Sinopec Group, Asia’s largest oil refiner, was expelled from the Chinese Communist Party on Thursday. A…

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