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*MV Cecelia Imo Mkpoikana Udoma Port Harcourt — The Nigerian Navy has set ablaze a vessel, MV Cecilia Imo, caught with suspected illegally refined Automotive Gasoline Oil, AGO, commonly known as diesel in Gbalajam, Woji area […]

Brussel — Global energy trader Gunvor’s first-half net profit slipped to $803 million from $841 million a year earlier, it said on Friday, citing lower price volatility in gas and oil markets, while it more […]

Federal Reserve Chair Jerome Powell holds a news conference following the Federal Open Market Committee meeting in Washington, U.S., December 11, 2019. REUTERS/Joshua Roberts London — Oil prices jumped more than 1% on Friday as […]

*North Sea Brent crude oil. News wire — Morgan Stanley expects Brent crude prices to be well supported around $80 per barrel as the oil market is likely to remain in a deficit in the […]

*The vessel, MV Cecelia Imo Mkpoikana Udoma Port Harcourt — The Nigerian Navy has set ablaze a vessel, MV Cecilia Imo, caught with suspected illegally refined Automotive Gasoline Oil, commonly known as diesel in Gbalajam, […]

Moscow — Russian oil major Lukoil is asking Russian authorities for permission to buy back up to 25% of its shares from foreign investors at a discount of at least 50%, the Interfax news agency […]

*Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford Houston — Top U.S. energy companies last year paid out more of their […]