The Capital Oil boss was accused of stealing petroleum products kept in his care by the Nigerian National Petroleum Corporation (NNPC). Ubah, in a statement told Daily Post that the allegations ...

Venezuelas chief prosecutor said Tuesday that he had placed former state oil company boss Rafael Ramirez under investigation for corruption, a move critics said was part of a political purge by ...

Oil prices are expected to “moderate” because of ample supply, according to the International Energy Agency. “I don’t expect a major shake-up in the oil markets thanks to growing production coming ...

Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, says she plans to increase production and revenue expansion through the recovery of shut-in ...