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The Shell Petroleum Development Company of Nigeria, SPDC has confirmed an oil leak from the Bonny Oil Export Terminal, saying the incident will not affect oil export. Mrs Gladys Afam-Anadu ...
The real-time price of Brent crude oil is at $72.88 per barrel, and the price of WTI crude oil is at $69.43 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
The federal government is currently offering a 50 per cent tax credit and Alberta’s provincial government has proposed support of 12 per cent for the roll out of the project. The oilsands industry ...
Suncor Energy Inc. says it will increase oil output next year by up to five per cent and lower costs from its oilsands assets. The Calgary-based energy giant says it plans to grow its total oil and ...
Two Russian oil tankers have been severely damaged in the Black Sea during a powerful storm, leading to a significant oil spill and the death of at least one crew member, according to Russian ...