Sudan’s sudden loss of oil revenues is forcing the newly-annexed country into the introduction of economic austerity measures. The loss…
Browsing: Oil
Dallas-based Kosmos Energy has found nothing but water in the reservoirs of the Makore-1 exploration well on the West Cape…
Chinese energy firm Sinopec has seen production slashed by a third in Gabon after one of its subsidiaries sprung a leak at a pipeline last week.
Venezuela’s crude proven reserves surpassed those of Saudi Arabia in 2010, making it the world’s largest oil reserves holder, the…
Halliburton Co. (HAL) Chief Executive Dave Lesar said Monday that demand for oil field services in North America, such as…
By Jean-Baptiste Piggin and Kristina Dunz, dpa Chancellor Angela Merkel meets Kenyan leaders on Tuesday at the start of a…
Hope of an accelerated lasting solution to the recurring hydrocarbon seepage and contamination of boreholes in Diamond Estate along the…
THE mobile distribution of Kerosene tagged ‘NNPC, Capital Oil Kero-Direct’ to ease distribution challenges and stem the incidence of racketeering and profiteering by petroleum marketers took off to a flying start in Lagos at the weekend.
Germany and Italy are expected to oppose a second release of emergency oil reserves by the International Energy Agency, IEA,…
Techno Oil Plc, an indigenous oil and gas marketing company has expressed a desire to partner with the Nigerian Institute…
