Browsing: Oil

Total Upstream Nigeria Production Unit has said that the floating, production, storage and offloading (FPSO) for the Usan deep offshore…

A criminal investigation of eleven oil and oil-services companies is underway by the U.S. Justice Department. A civil investigation by the Securities and Exchange Commission is also in progress.

Organisation of Petroleum Exporting Countries (OPEC) has ranked Nigeria its second biggest crude oil exporter by volume, climbing four places to push Iran and Venezuela to the back stage and only out paced by Saudi Arabia.

Eni confirmed it signed a memorandum of understanding with China Petroleum & Chemical Corp., or Sinopec, as Italy’s biggest oil and natural gas company strengthens its ties with Chinese hydrocarbon firm.s