• 2 hours Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 4 hours Venezuelan Output Drops To 28-Year Low In 2017
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  • 3 days Iranian Oil Tanker Sinks After Second Explosion
  • 6 days Russia To Discuss Possible Exit From OPEC Deal
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  • 6 days Kenya Cuts Share Of Oil Revenues To Local Communities
  • 6 days IEA: $65-70 Oil Could Cause Surge In U.S. Shale Production
  • 6 days Russia’s Lukoil May Sell 20% In Oil Trader Litasco
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  • 7 days Wind And Solar Prices Continue To Fall
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OPEC Oil Production Falls In December

OPEC Oil Production Falls In December

OPEC’s oil production fell in…

Could An Oil Surplus Be A Sign Of Things To Come?

Could An Oil Surplus Be A Sign Of Things To Come?

The world economy badly needs…

CNPC Expects Robust Oil Demand Growth In China

CNPC Expects Robust Oil Demand Growth In China

Chinese state-owned oil and gas…

News

Angola's State Oil Company Wants to Supply Zambia and Namibia

Angola's State Oil Company Wants to Supply Zambia and Namibia

Aug 13, 2011 at 10:25 | Charles Kennedy

Sociedade Nacional de Combustíveis de Angola, E.P., or Sonangol, is the Angolan state oil company, with the sole concession for oil and gas exploration in Angola’s subsoil and continental shelf.…

$10 Billion Yearly Investment Needed in Nigeria’s National Grid

$10 Billion Yearly Investment Needed in Nigeria’s National Grid

Aug 13, 2011 at 10:23 | Charles Kennedy

Nigerian Electricity Regulatory Commission Chairman Sam Amadi stated during an interview that in order to stabilize and improve the nation’s power grid, Abuja will need to make an annual investment…

Italian Companies Interested in Building Gas Pipeline Through Bosnia

Italian Companies Interested in Building Gas Pipeline Through Bosnia

Aug 13, 2011 at 10:21 | Joao Peixe

A memorandum of understanding was signed on the construction of a gas pipeline between Bosanski Brod and Zenica earlier this month. The best route for the projected pipeline increasingly…

Niger Republic to export gasoline to Nigeria

Niger Republic to export gasoline to Nigeria

Aug 11, 2011 at 19:24 | Charles Kennedy

Despite Nigeria being Africa’s leading exporter of crude oil, a lack of investments in the country’s refineries have left Africa’s most populous nation with chronic gasoline shortages.Now Nigeria is…

China's Shenhua Group Investing $8 Billion in Xinjiang Coal Projects

China's Shenhua Group Investing $8 Billion in Xinjiang Coal Projects

Aug 11, 2011 at 19:23 | Charles Kennedy

Shenhua Group Corp Ltd., China's biggest coal producer, will invest $8 billion in coal-to-oil conversion projects in the country’s western Xinjiang Uighur autonomous region. According to Shenhua Group Corp Ltd.,…

Russia and Turkmenistan to Partner in Offshore Oil and Gas Exploration

Russia and Turkmenistan to Partner in Offshore Oil and Gas Exploration

Aug 11, 2011 at 18:24 | Charles Kennedy

Russia’s Itera and Zarubehzneft have signed a Caspian production sharing agreement with Turkmenistan for exploring the country’s offshore Caspian sector for oil and natural gas. Itera general director Vladimir…

Turkey Amenable to South Korea's Nuclear Energy Proposals

Turkey Amenable to South Korea's Nuclear Energy Proposals

Aug 11, 2011 at 18:23 | Joao Peixe

Turkey’s Economy Minister Zafer Caglayan told reporters during a meeting with South Korean Knowledge Economy Minister Choi Joong-Kyung in Seoul, "My ministry and the Turkish government are open to every…

OECD Reports Most Active Nations in Environmental Research

OECD Reports Most Active Nations in Environmental Research

Aug 11, 2011 at 18:22 | Joao Peixe

According to a just released report by the Organization for Economic Cooperation and Development, New Zealand’s government is the world’s most environmentally friendly country for government sponsored research, spending 13.39…

BP Exploring for Oil in Namibia

BP Exploring for Oil in Namibia

Aug 10, 2011 at 19:46 | Charles Kennedy

BP has taken 25 percent equity in Chariot Oil & Gas' exploration license in Namibia’s Orange Basin.BP acquired its share through Enigma Oil and Gas Exploration, a wholly…

Nigeria Still Considering Nuclear Power

Nigeria Still Considering Nuclear Power

Aug 10, 2011 at 19:44 | Joao Peixe

Nigeria, Africa’s largest oil producer, is considering building nuclear power plants to alleviate the country’s chronic energy shortages, despite the negativity surrounding nuclear power in the aftermath of Japan’s March…

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