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Brent crude futures for October rose 21 cents to $85.70 a barrel by 1108 a.m. EDT (1508 GMT). The October contract expires on Thursday and the more active November contract was at $85.13, up 22 […]

*PetroChina’s Jinzhou refinery Beijing — State-owned energy giant PetroChina (601857.SS), reported a record-high net profit for the first half of the year, driven by increased oil and gas output and resurgent refined fuel sales. Net […]

…Says those against Tomplolo’s pipeline contact are oil thieves Mkpoikana Udoma  Port Harcourt — The Niger Delta Indigenous Movement For Radical Change has charged the National Security Adviser, Mr Nuhu Ribadu, to reveal the names of […]

*The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing Rights. – Interim earnings […]

*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 […]