The Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC, said it has taken over the investigation of three suspected illegal crude oil ...
After state-oil firm NNPC began selling petrol at market prices last month, it relinquished its role as the sole buyer of the refinery's output, allowing local traders to import fuel after becoming ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
“Our country has a generational opportunity to fully leverage U.S. energy leadership to improve the lives of all Americans and bring stability to a volatile world,” API President and CEO Mike Sommers ...
Arvindar Singh Sahney will be the new chairman of Indian Oil Corporation, the nation's largest oil firm, according to an order issued by the petroleum ministry on Wednesday. Sahney, 54, is currently ...
Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S. Energy Information Administration said on Wednesday.