US President Donald Trump has instructed the Department of Justice (DOJ) to investigate oil companies for failing to lower gasoline prices in line with falling crude costs, accusing the companies of “gougingR...
A Nigerian Senate committee asked Chevron to explain why a gas-to-liquids Joint Venture (JV) with the state-run oil company cost three times more to complete than initially estimated, Seeking Alpha reported. The Chair...
South Africa’s state oil company PetroSA said on Friday it had terminated its CEO’s contract, reported Reuters. Nosizwe Nokwe-Macamo, alongside two other executives, were placed on special leave to allow an inve...