Oil revenue money that had been frozen under international embargoes is set to start flowing to Iran from February 1, 2014, with a target to cap...
Brent crude oil price was below 107 dollars a barrel last Thursday, as expectations of more supply outweighed news of a large drop in U.S. crude...
Former Minister of Petroleum, Prof. Tam David-West, has called on President Goodluck Jonathan to have a rethink over the issues surrounding Soku oil wells in Akuku-Toru...
The Organisation of Petroleum Exporting Countries (OPEC) has lowered its oil output further and is pumping less than this year’s global need for its crude, the...
The Ghana National Petroleum Corporation (GNPC) says it has concluded arrangements to host the 2014 edition of the offshore West Africa Conference and exhibition. The Tide...
Managing Director, Frontier Oil Ltd., Mr Dada Thomas, last Thursday, advised marginal field operators to avoid the mistakes of major crude explorers by partnering with host...
The Sudanese Army last Thursday, said it had no intention of forming a joint force to help South Sudan protect its oil-producing regions. The Army Spokesman,...
Oil rose towards 108 dollars a barrel last Thursday as caution prevailed on prospects for a solution to Libya’s oil exports deadlock. Brent crude for February...
The leadership of the Mile I market, has called on multinationals operating in the state to come to their aid following the recent inferno that gutted...
The direct impact of the Bonga oil spill is set to be known through the Post Impact Assessment (PIA) report on the disaster, the National Oil...
