Oil

Oil retreated amid worries that OPEC’s deal to extend production cutbacks may take U.S. shale activity to a whole new...

Norway’s Statoil ASA will focus exploration on its home turf next year as it seeks more oil and gas to...

By Ayobami Adedinni Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has explained how Nigeria can maximise its...

China's POLY-GCL Petroleum Group Holdings Ltd has signed a memorandum of understanding (MoU) to invest $4 billion in a natural...

By Obineme Ndubuisi Micheal The Nigerian International Petroleum Summit is set to address the nation’s potential of becoming the next...

A new analysis is taking a closer looking at the scope of New Mexico’s methane problem and the financial impact...

The Tyra gas field in the Danish North Sea is going to receive a significant cash injection. Maersk Oil announced...

Exxon Mobil is close to signing a deal to explore for oil and gas offshore Mauritania, its first foray into...

OPEC hosted the second edition of its OPEC and non-OPEC technical meeting under the umbrella of the Declaration of Cooperation...

Former President, Chief Olusegun Obasanjo, has commended the Management of the Nigerian National Petroleum Corporation (NNPC) for ensuring an uninterrupted...