Total sells Nigerian oil stake to Sinopec
French major sells stake in African oilfield to Chinese.
French major sells stake in African oilfield to Chinese.
Shell is set to spend more than $20bn for natural-gas projects through 2015.
Co-operation agreement will help energy output and boost national income.
Indonesian oil producer to split shipping and lubes, while taking lubes into European markets.
Salaries are skyrocketing for oil rig workers. The pay-off for a tough working life.
African state will see significant price drop as China reduces loan rate.
Nigerian oil producer Conoil is planning a major investment aimed at stimulating domestic lubes sales.
Shell and PTT continue bidding battle for Cove Energy
Gambia has signed a join-US deal for oil exploration whilst Tanzania is set to open its first lubes plant.