Oil and Gas
Nigeria state oil firm moves to revamp refineries, inaugurates 8 committees ahead 2019 target
In line with the Presidential mandate of rehabilitating the nation’s three refineries, the Nigerian National Petroleum Corporation (NNPC) has inaugurated…
Nigeria targets a $15 per barrel oil production, to stop gas flaring by 2020
Nigeria, Africa’s largest oil producer, says it plans to reduce business cost by setting a target of $15 per barrel…
Oil falls, gasoline jumps as Storm Harvey knocks out U.S. refiners
U.S. crude oil futures fell more than 3 percent Monday but gasoline prices surged to two-year highs as Tropical Storm…
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…
BP starts oil project that will help double its U.K. output
BP Plc started a project in the U.K. North Sea that will restore production halted since 2013 and help double…
Argentine energy minister sees $50/b oil supporting shale growth
Crude oil prices around $50/b are providing Argentina with a strong opportunity to push expansion of its nascent shale industry,…
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