Oil and Gas News

Munich - The supply of electric car batteries massively outstrips demand and is also growing at a much faster rate. Ever more new…

London, – Royal Dutch Shell plc (Shell) today updated investors on its Downstream growth ambitions, underlining the important role…

The Minister of State for Petroleum, Dr. Ibe Kachikwu together with the Group Managing Director, Nigerian National Petroleum…

Frankfurt  - Germany's busiest airport, Frankfurt, will see a rise in passenger numbers and profits in 2018, its operator Fraport…

Stuttgart  - German carmaker Porsche plans to find fresh revenue streams outside its lucrative core business, Chief Financial…

The world’s largest jet engine took its maiden flight over the Mojave Desert on Tuesday. The engine is a showstopper. At 134…

Royal Dutch Shell plc (Shell), reached an agreement today to sell its shares in Shell entities in New Zealand, to OMV for USD…

World’s largest oil and gas conference and exhibition marks a milestone in technical achievements and innovations Houston, Texas,…

Frankfurt - German airline Lufthansa has achieved its best results ever following the bankruptcy of smaller rival Air Berlin last…

Nigerian crude oil has again proved its enormous prospects as the beautiful bride of the global oil market with Indonesia…

The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $61.85 a barrel on Thursday,…

The President, Nigerian Gas Association,(NGA) and Chief Executive Officer, Frontier Oil Ltd, Engr. Dada Thomas on the sideline of…

Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1…

Frankfurt  - On International Women's Day, female passengers on flight LH 174 from Frankfurt Airport received more than just red…

The Global Forum on Overcapacity Steel G20 concluded the first meeting of the year in Paris, France. The objective of the Global…

Shell Petroleum Development Company, SPDC has made concerted effort to ensure environmental sustainability through risk and impact…

The Nigerian Content Development and Monitoring Board (NCDMB) has begun the construction of the Nigerian Oil and Gas Park at…

Oil Marketers under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Major Oil Marketers…

Frankfurt (dpa) - German carmaker BMW's shares fell by 1.17 per cent on Monday after US President Donald Trump threatened to…

Karlsruhe, Germany  - German public prosecutors have pressed kidnapping charges against a 47-year-old Vietnamese man for the…

Karlsruhe, Germany  - A release of chlorine gas left 40 people injured at a clinic swimming pool in Germany's south-western state…

Paris - Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This…

Hanover, Germany (dpa) - Workers at three power plants in north-western Germany are staging a day-long walkout to apply pressure…

Leipzig, Germany - Environmental bans on diesel-powered vehicles are legal in German municipalities, a top German court ruled on…

Aker Solutions won an order from Wintershall Norge AS to provide the subsea production system, umbilicals and services for the…

The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by…

The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be…

By Ayobami Adedinni The Minister of State for Petroleum Resources, Ibe Kachikwu, has described pricing as the nation’s greater…

By Ayobami Adedinni The Secretary General of the Organisation of Petroleum Exporting Countries, (OPEC), Mohammed Barkindo has…

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas…