Indonesian crash: Divers retrieve black box

Indonesian divers have retrieved a black box from a Lion Air passenger jet that crashed into…

Australia to fund PNG navy base redevelopment

Australia’s Prime Minister, Scott Morrison, said on Thursday that the country will help Papua New Guinea…

Petrobras to offload Nigerian unit to Vitol-led consortium

Petroleo Brasileiro SA, will sell its 50 percent stake in a Nigerian oil and gas exploration…

GPHA: Port expansion projects will boost competitive edge in West Africa 

The completion of the various port expansion projects would give Ghana a more competitive edge in…

World Bank permits $1.2bn grants, loans to Ethiopia

The World Bank has approved $1.2 billion in grants and loans to Ethiopia, it said in…

Reopened oilfields hike Libya’s crude production

Libya has reopened three small eastern oilfields closed since June due to fighting. The reopened oilfields…

Brexit: EU states okay draft tariff rates on WTO quotas

  European Union (EU) ambassadors on Wednesday, agreed on draft tariff rates that the bloc will…

Military helicopter crash kills 25 in Afghanistan

An army helicopter on Wednesday crashed in southwestern Afghanistan killing 25 people on board. Officials said…

Oil jumps ahead of U.S. sanctions on Iran

Crude oil prices on Wednesday jumped more than 1 percent as markets braced for the imposition…

Iraq to increase crude production output

Iraq’s oil ministry plans to increase Iraq’s oil output capacity and will support foreign energy companies…

NNPC generates N7.15bn as trading surplus for June

The Nigerian National Petroleum Corporation (NNPC) in June generated N7.15 billion as trading surplus, lower than…

Falana laments Nigeria’s inaccurate oil production records

Lawyer and human rights activist, Femi Falana SAN, on Tuesday, lamented Nigeria’s inaccurate daily oil production…