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Russia’s Gazprom Neft first-half profit drops 54%

*Gazprom Moscow — Russian oil producer Gazprom Neft’s first-half net profit attributable to shareholders fell 54% year-on-year to 150.5 billion roubles ($1.86 billion), according to the company’s financial results published on Wednesday. The company’s revenue […]
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NNPC says pipeline theft has been nearly eliminated

*Pipeline infrastructure Lagos — Nigeria’s state oil firm NNPC Limited said on Monday nearly all pipeline theft has been eliminated after coordinated efforts by the country’s defence and intelligence agencies. Three years ago, as little […]