Mkpoikana Udoma Port Harcourt — The recent reduction in the pump price of premium motor spirit, otherwise called petrol, by the…
Browsing: Oil
London/New York — Major oil companies including BP and Shell are preparing to take the rare step of storing jet…
New York/London — U.S. crude tumbled 10.7% on Friday and posted its biggest weekly decline since the 1991 Gulf War…
Ike amos Abuja — Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, prevailed on transporters in the country…
Lagos — The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already…
Lagos — Responding to the collapse in global oil prices, World Oil on Tuesday, March 17, launched a survey of…
News wire — ConocoPhillips, the largest U.S. independent oil producer, on Wednesday pared its proposed spending, production and share buybacks…
OpeOluwani Akintayo Lagos — The oil marketers under the umbrella of Major Marketers Association of Nigeria, MOMAN has throwed its…
New York — Rates to store oil at one of the world’s biggest trading hubs are surging, as traders globally…
Washington — The United States has targeted a number of Chinese, Hong Kong and South African companies in a fresh…