Oil and Gas

China urges halt to oil drilling in disputed South China Sea

China's Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where…

Oil prices dip as OPEC, non-OPEC debate capping Libya, Nigeria oil output

Oil slipped to one-week lows Monday, as several OPEC and non-OPEC ministers met to discuss a pact to kerb oil…

Halliburton helping Nigeria locate exact position of oil in inland basins

Halliburton Corporation, the American oil services company, is helping NNPC, the Nigerian national oil company, to provide exact location of…

Oil rises on weak dollar, Gulf tensions as producers set to meet

Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf, but Brent held below the $50…

UAE energy minister hopes global oil markets begin to tighten in H2

Suhail bin Mohammed al-Mazroui, the United Arab Emirates Energy Minister, Friday said he hopes global oil supplies will start tightening…

Taleveras says international standards guide third party oil trading contracts

Taleveras, the Nigerian based international oil trading company, Tuesday night said its involvement in third party oil trading contracts are…