Category: Oil & Gas

American oil explorers, which are producing record volumes of crude, cut drilling to a 19-month low as they seek to show investors they can do more wi

Bloomberg /London: September 02 2019 12:38 AM Big Oil has a new contender for the No 2 spot. Chevron Corp has almost displaced Royal Dutch Shell Plc

If you take a drive along the well-worn highways of West Texas, orange flames will punctuate your journey. Those are gas flares, and they’re lighting

DUBAI (Reuters) - A senior Iranian official said on Saturday the United States had shown flexibility on the licensing of Iranian oil sales and this wa

LONDON (Reuters) - OPEC oil output has risen in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by to

MOMBASA, Kenya (Reuters) - Kenya exported its first crude oil on Monday, amid pointed speeches by local leaders asking the government to stick to its

NEW YORK (Capital Markets in AfricaA) – Oil prices will rise over the next few months as global inventories shrink, before declining in 2020 as trade-

LONDON (Reuters) - OPEC’s share of the global oil market has sunk to 30%, the lowest in years, as a result of supply restraint and involuntary losses

MOSCOW (Reuters) - Russian state oil major Rosneft has become the main trader of Venezuelan crude, shipping oil to buyers in China and India and helpi