London — Plans by European oil companies to increase their renewable power capacity are driving up the price tags on renewable businesses and projects, the CEO of British renewables an... Read more
News wire — U.S. oil major Chevron Corp has dismissed around 20 employees in Venezuela as part of a global restructuring prompted by the sharp drop in crude prices, two people familiar... Read more
Ike Amos Abuja — The Nigerian National Petroleum Corporation, NNPC, Wednesday, stated that its legal team won four court cases that saved the country N5.05 billion. In a statement in A... Read more
Gusau – The Department of Petroleum Resources (DPR) has warned marketers operating in Zamfara not to use petrol subsidy removal as an excuse to exploit customers at the filling station... Read more
News wire — Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next because of the uncertain prospects for a recovery in... Read more
London — Oil rose for a second day on Wednesday, gaining more than 2%, as a hurricane closed U.S. offshore production and an industry report showed U.S. crude inventories unexpectedly... Read more
Houston — More than a quarter of U.S. offshore Gulf of Mexico oil output was shut and export ports were closed on Tuesday as Hurricane Sally stalled just off the U.S. Gulf Coast, pelti... Read more
OpeOluwani Akintayo Lagos — The Minister of State for Petroleum Resources, Timipre Sylva, has said there would not be a major drop in price of petrol even if Nigeria starts refining it... Read more
New York — Oil prices edged higher on Tuesday, supported by hurricane supply disruptions in the United States, but forecasts of a slower-than-expected recovery in global demand from th... Read more
Mkpoikana Udoma Port Harcourt — A protest by three oil unions in the country is currently ongoing outside the Port Harcourt Refinery complex, with the oil workers demanding the remova... Read more
