Oil and Gas

French union says deal reached to end petrol shortage

France's CGT trade union said a strike by transporters of hazardous materials that has caused fuel shortages could be wound…

W. African oil to China slides to 9-month low in June, India offsets

China's West African crude oil loadings are on track to slide to a nine-month low in June as buying in the key…

World Bank to provide Senegal $29 million to bolster oil sector

The World Bank will provide $29 million to help Senegal as it negotiates oil and gas contracts with producers, it…

Nigerian Senate votes to halt Eni’s Port Harcourt refinery deal

Nigeria's Senate voted on Tuesday to halt a concession agreement with the local unit of Italian oil firm Eni to…

Oil fell on oversupply worries despite OPEC deal

Oil prices fell on Tuesday on concerns that output cuts by the world's big exporters may not be enough to…

OPEC is falling short on its promise to do ‘whatever it takes’ to stabilize oil prices

Few days back, 25th March,  OPEC met market expectations by extending the OPEC and non-OPEC crude oil production cuts enacted…