Lagos — Improved margins and freight rates have boosted price offers for both heavy and sweet West African crude oil as at Friday, November ...

Cape Town/Moscow — South Africa’s national oil company PetroSA and Russia’s state geological company Rosgeologia are in talks to finalize a ...

Dubai — Iranian Oil Minister Bijan Zanganeh was quoted as saying on Monday that he expects further production cuts to be agreed at the next ...

t) London — Shares in British shale gas explorers fell on Monday morning after the government announced at the weekend that it is imposing a...

Mkpoikana Udoma Port Harcourt — Host communities of OML11 in Abia State, on Monday held a prayer summit against the operations of the Shell ...

Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $60.19 a barrel on Friday, compared with $60.52 the previous day, acc...