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Gabon set to reduce oil reliance as IMF approves $642 million loan
Gabon, OPEC’s smallest member by production, will try to reduce…
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Qatar’s emir meets Exxon Mobil Corp CEO over energy supply talks
The emir of Qatar met with Exxon Mobil Corp chairman…
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OPEC has few escape routes from another bear market in oil
Oil’s back in a bear market and investors remain unmoved…
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NNPC records N5.3bn trade deficit on environmental challenges
The Nigerian National Petroleum Corporation (NNPC) has reported a trade…
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Indonesian firm to build refinery in Nigeria
The Federal Government’s plan to attract investment in modular refineries…
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Oil price slumps to seven-month low as Saudi king unveils successor
A renewed slump in oil prices to seven-month lows dragged…
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12% drop in oil  pipeline vandalism increases Nigeria’s earnings
Baring major downward swing in the price of crude oil…
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Oil price hedging loses steam as low prices lure airlines, shippers
The past month’s plunge in oil prices has turned the…
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Oil’s gloomy summer triggers hedge fund doubts on gasoline amid high demand of product
Hedge-fund pessimism about crude prices is spilling into gasoline markets,…
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Global fund managers hold back investment in exploration as U.S. shale oil flood market
Concerned by an imminent crash in oil price following uncontrolled…
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