Oil & Gas

Oil prices could move “a lot higher” from current levels given the world’s deep reliance on fossil fuels and may hit $150, says Christopher Wood from Jefferies....

Brazilian Economy Minister Paulo Guedes said on Wednesday that state-run oil company Petrobras should be privatized before it becomes irrelevant and oil loses value, suggesting the government...

U.S. oil producer Chevron Corp on Wednesday said it plans to boost spending on new oil and gas projects in 2022 by 20% to $15 billion, while...

The Biden administration expressed frustration Nov. 30 that US retail gasoline prices have not yet reflected the sharp drop in crude futures brought in recent days by...

Oil prices rose more than 4% on Wednesday, still struggling to recoup losses of more than 16% in November, as major producers prepared to discuss how much...

The Managing Director of the Bulk Oil Storage and Transportation Edwin Provencal has revealed that about Ten (10) Members of Staff from the Kumasi Depot will be...

The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years. The swathe of oil...

Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project,...

Global jet fuel markets stayed under pressure on Tuesday as more countries expanded border restrictions to keep the new Omicron coronavirus variant at bay, prompting travellers to reconsider...

Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy. The transaction is organized...