Stakeholders in the oil and gas industry have said the commencement of production at the Port Harcourt Refining Company will ...

Oil marketers have projected further petrol prices by December from N1,100 to N900 per litre following the slash by the ...

Oil prices rose on Tuesday after falling more than $2 a barrel in the previous session as investors took stock of a potential ...

Now it's up to 16%. The crash in oil prices has not gone unnoticed. The average yield on junk energy bonds has risen sharply (in other words, prices have fallen) compared to other junk bonds.

Opinions expressed by Forbes Contributors are their own. Robert Rapier is a chemical engineer covering the energy sector. In an article I wrote earlier this year -- OPEC's Trillion-Dollar ...

As Steve Russell of Ruffer pointed out at our Christmas roundtable (it's a belter, make sure to read it if you haven't already), the oil price crash is a direct result of the "slow poison" of zero ...

The fall in oil prices is acting like an energy pill to the British economy, according to new research released by the National Institute of Economic and Social Research (NIESR). Oil prices have ...

“The oil price crash has brought the major oil companies on its knees, the way in which we were expecting them to start putting money into India, those pathways have been closed,” said Mihir ...

The plunge in oil prices since mid-2014 has pushed energy-rich Gulf Arab states to rein in lavish public spending. Saudi Arabia racked up a record budget deficit of nearly $100 billion last year ...

Despite the challenges imposed by the oil price collapse, PetroRio achieved impressive results from the beginning of the year, when it initiated an aggressive cost reduction programme that comprised ...