Oil
US regulator proposes scaling back offshore drilling safety rules: Report
A U.S. regulator has proposed rolling back safety measures put in place after the 2010 Deepwater Horizon oil spill, which...
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China to become second-biggest LNG importer in 2017
By the end of the year, China will have established itself as the world’s second-largest liquefied natural gas (LNG) importer,...
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Fuel queues persist at Christmas, labour lambasts FG
The scarcity of Premium Motor Spirit continued in many parts of the country on Monday, putting a damper on the...
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NNPC, DPR uncover illegal fuel reservoirs in Abuja
Speaking at the site of the mini depot, the Group Managing Director of the NNPC, Dr Maikanti Baru, said it...
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US LNG exports flat for two weeks running
Exports of liquefied natural gas from Cheniere’s Sabine Pass LNG export facility in Louisiana remained flat the second week in...
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Nigerian LNG cargo to arrive Portugal Dec 29
Shipping data by the Port of Sines shows that the REN-operated Sines LNG import terminal in Portugal is set to...
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China’s Handi Group expresses interest in investing in Philippines
A Chinese firm has expressed interest in investing in a fuel facility in the Philippines, according to the Department of...
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Caltex Australia acquires 20 per cent stake in independent oil marketer Seaoil Philippines
Philippine independent oil marketer Seaoil Philippines Inc. has signed a definitive agreement with Caltex Australia, which will acquire a 20%...
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Korea-owned company to fire up halted oilsands project after two years
CALGARY – In a rare sign of optimism for the future of the oilsands, South Korea-owned Harvest Operations Corp. says...
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Eni Cranks Up Production At Mega Zohr Field Offshore Egypt
Eni SpA has confirmed the start of production from the supergiant Zohr Field, which puts Egypt on course to become...
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