Oil and Gas
Chinese firm wins contract to drill offshore block in Nigeria
An offshore engineering unit of oil major Sinopec Group has won a two-year contract to drill an offshore block in…
Oil trades below $65 bpd after volatile week caused by North Sea pipeline woes
Oil steadied below $65 a barrel in London after a volatile week in which the market was shaken by the…
Oil prices rise on lower U.S crude stocks, growing output caps gains
Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped…
Saudi Arabia to raise gas prices by 80% in January
Saudi Arabia plans to raise domestic gasoline and jet fuel prices in January, part of a program to gradually eliminate…
U.K. gas surges to highest since 2014 as snow takes over London
A weekend of snowfall has brought an early Christmas for U.K. natural gas bulls. Same-day prices surged to their highest…
Oil slides toward $57 on signs U.S. gasoline stockpiles expanded
Oil dips toward $57 per barrel after industry data showed U.S. gasoline stockpiles expanded for the first time in four weeks.…
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