Shell and Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia field in the Western Desert. The new agreement decided on is for the price of $4.6 per 1m therm ...
Nigeria's two main labour unions called for an indefinite general strike from Wednesday May 18th, unless the government reverses its plan to increase the price of petrol.
The main Nigerian oil workers unions, NUPENG and PENGASSAN, have declared their support for the government’s new price of petrol, after the removal of a controversial subsidy on gas, although the move is nearly doubl ...
French gas and power group Engie and Russia's Gazprom Export have agreed to adapt the price of its long-term gas supply contracts to fit market conditions.
Oil fell for a third day, extending its drop from the lowest close since 2009, as record supplies from Iraq and Russia bolstered speculation that a global glut that drove crude into a bear market will persist.