Sapura Energy has secured three new contracts and a contract extension valued at approximately RM815mil in Australia, Brunei, Malaysia and Nigeria, bringing the group's...

OPEC and allied oil producers including Russia ended their meeting on Sunday with no formal recommendation for any additional supply boost, effectively rebuffing U.S....

The rise of U.S. shale oil is set to extend well into the 2020s, stealing market share from OPEC, the group said in its...

Commodity merchants, Trafigura and Mercuria, say oil prices could rise towards $100 per barrel towards the end of the year or by early 2019...

Nigeria’s quest to attract about $20 billion in Foreign Direct Investment (FDI) to boost its ailing economy yet suffered a major setback on Monday;...

In 2016 alone, Nigeria could not earn about $1.150 billion potential gas revenue because as much as 275 billion cubic feet (BCF) of natural...

The Niger Delta remains as important as ever for Shell. While it has cut onshore oil production and sold some onshore assets, it continues...

Chevron is in the market for a jack-up rig to carry out drilling duties in Niger Delta acreage that it operates in a joint...

Oil prices slipped yesterday following President Donald Trump's tweet urging the Organisation of the Petroleum Exporting Countries (OPEC) to keep crude prices lower because...