Oil & Gas

Oil prices inch higher on Greek debt deal, Kuwait

Oil prices edged up in Asia Tuesday following an upbeat outlook by key producer Kuwait,…

Oil prices gain in Asia, but traders warn on volatility

Oil prices were mixed in Asia Monday with traders optimistic over falling US production, although…

Oil prices extend gains in London, New York

World oil prices rose Friday as the market found reasons to hope for a decline…

Brent crude price inches near $60

It's looking sunny-up for crude oil as prices rose in Asia Friday, extending solid gains…

Oil money not missing, NNPC claims

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said that the report of the forensic…

NNPC audit report asks for refund of $1.48billion to treasury

The forensic audit of the accounts of the Nigerian National Petroleum Corporation, conducted by PriceWaterHouseCoopers…

2 Ghanaians, 11 others killed by Libyan Jihadists

Gunmen in Libya killed 13 people, including five foreigners, in an overnight attack on an…

Tanker hijacked on Nigerian waters, 2 Greek crew kidnapped, one killed

*Greek deputy commander of the ship killed by the pirates Pirates have hijacked a crude…

Gunmen on speedboat kidnap 4 oil workers

Gunmen riding in a speedboat kidnapped four Nigerian oil workers in the crude-producing Niger Delta,…

Oil prices gain in Asia, Brent hits $54.75

Oil edged higher in Asia Tuesday, extending gains from the previous day after US firms…