The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 percent year-on-year, the Nigeria Bureau of

Mohammad Barkindo, OPEC Secretary-General said Thursday there is no doubt that in the wake of efforts by global oil producers to curb

Congo Republic plans to replace the board of directors and appoint an audit committee at state oil company SNPC, as it strives to

The global market for liquefied natural gas is growing with almost 200 billion cubic metres of new capacity expected within the next

The oil market is grappling with intensifying geopolitical risks as uncertainty swirls over the impact of tensions surrounding nations

Oil prices are recovering. U.S. storm damage and strengthening economies may have finally dislodged sentiment away from resignation to

Oil held gains above $50 a barrel as OPEC and Russia said they were well on the way to clearing a global glut and urged producers to

Aiteo Eastern Exploration and Production Company Friday said it had shut its Nembe Creek Trunk Line (NCTL) for emergency repairs

The MoU also calls for Equatorial Guinea to explore and produce oil and gas in Burkina Faso… Competition is heightening in LNG

Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest