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Oil’s slide below $100 a barrel on Monday adds to financial worries for OPEC members, prompting some in the producer group to voice concern about...

Somalia filed a suit against Kenya at the U.N.’s highest court, seeking to resolve a long-running dispute over which country has proprietary right...

Oil  prices rose on Tuesday on geopolitical tensions in crude producers Iraq and Libya as well as Ukraine, a key conduit for Russian gas exports to Europe,...

Oil prices slid lower Monday on easing concerns about conflicts in Ukraine and Iraq and increased output by Libya. US benchmark West Texas Intermediate...

A Reuters survey of members of the Organisation of Petroleum Exporting Countries, OPEC has shown that oil prices are now too low for most members to cover...

Ben van Beurden : Shell CEO Shell, the Anglo-Dutch oil giant, has taken a major step towards announcing the multi-billion pound sale of four onshore oil...

Close to 20 Nigerian cargoes remained unsold for September loading but the figure of available barrels was likely higher with some non-end users still...

Pretax profit at Nigeria’s Forte Oil more than doubled to 4.19 billion naira ($25.7 million) in the first half, boosted by its fuel marketing and...

Lagos – Oando Plc says it has completed the acquisition of Nigerian Upstream Oil and Gas Business of ConocoPhillips, owned by the Nigerian National...

Libyan firefighters have failed to put out a huge oil tank blaze started by clashes around Tripoli airport, officials said Monday, adding that an air intervention...