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Oil & Gas
NNPC re-commissions 87.70 million litres petroleum…
The Nigerian National Petroleum Corporation (NNPC) has said it has recommissioned four petroleum products tanks…
NEITI urges Buhari to fast track passage of PIB
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged President Muhammadu Buhari to take the…
Oil halts losses as OPEC leaders open meeting in…
Brent oil price is steady at $46.03, bbl on Wednesday morning halting losses after Saudi Arabia signalled…
Canada approves giant LNG project
Canada has authorised the construction of an energy project that would see its liquefied natural gas (LNG) exported…
Oil climbs after industry data shows US inventory draw
Oil prices rose in mixed trading on Wednesday, after sharp losses in the previous session, as industry data showed…
Saudi Arabia-Iran rivalry the stumbling block for an oil…
Longstanding tensions between Middle Eastern rivals Saudi Arabia andIran will hold OPEC back from an oil production…
China’s mystery oil stockpiles could be a…
China's stock of oil reserves could prove to be the "wild card" for global oil prices and market dynamics,…
Goldman Sachs trims its oil price forecast as supply…
U.S. investment bank Goldman Sachs has lowered its forecast for the price of oil price, saying its supply-demand…
Shell shuts down major crude oil export line
Nigeria’s crude-oil production on Monday suffered a fresh set back as Trans Niger Pipeline, (TNP) which exports…
US shale gas arrives in the UK for the first time…
Shale gas from the U.S. arrived on the shores of the U.K. for the first time Tuesday, sparking a wider debate about…
Oil prices slip further as hopes for a deal in Algiers…
Crude futures fell further on Tuesday as optimism faded for an output-limiting deal during an oil producer meeting…
First U.S shale gas arrives Scotland
The first shipment of US shale gas is arriving in Scotland amid a fierce debate about the future of fracking in the…