Oil and Gas

Forte Oil in talks on refinery deal to boost capacity

Akin Akinfemiwa, Chief Executive of Nigeria's Forte Oil, Friday, said the company is in talks with a major refinery to form a…

Oil could see downward correction in next quarter, Barclays says

Oil market is expected to see a downward correction this quarter but Brent prices will move higher in the final…

U.S. sanctions may not stop Russian gas pipelines to Europe

New U.S. sanctions will make it harder for Russia to build two gas export pipelines to Europe but the projects…

Kosmos, BP partner in ECOWAS, plans September London listing

Kosmos Energy, the West African partner of an international oil major, British Petroleum (BP), has concluded plans to list on…

Total Nigeria targets 200,000 barrels-per-day in 2018 from multi-billion dollar Egina Field

Total Nigeria, Wednesday, said it would boost the country's daily oil production by 200,000 barrels from 2018. Nicolas Terraz, managing…

Shell, Europe’s largest oil refinery, to resume production in two weeks

Royal Dutch Shell, Europe's largest oil refinery will resume production in the second half of August. The company said in…