Industry News

The Management of the Nigerian National Petroleum Corporation (NNPC) is executing a major restructuring of its corporate governance framework to...

European companies, Siemens AG and ABB Group, are collaborating with exploration and production firms (E&Ps) to develop unmanned and automated...

Romgaz Has Recently Inaugurated The Largest Onshore Natural Gas Field Discovered In Romania In The Past 30 Years. According To...

Tellurian and Bechtel Oil, Gas and Chemicals have entered into four fixed price, lump sum turnkey agreements totaling $15.2 billion...

Last week, the WTI benchmark rose $2 to more than US$57 per barrel — its highest level since mid-2015. While...

PetroSA, the Oil and Gas Corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, have signed...

The price of OPEC basket of fourteen crudes stood at $60.52 a barrel on Tuesday, compared with $61.27 the previous...

Crude sunk after a government report showed U.S. inventories piled up for a second week just as Russia is said...

“Whenever you need energy, just give us a call,” U.S. President Donald Trump said on a visit to Poland in...

The Department of Petroleum Resources (DPR) yesterday said the National Petroleum Development Company (NPDC), a subsidiary of the Nigeria National...