oil minister

Headlines

Nigeria Court Orders Forfeiture of Ex-Oil Minister’s Luxury $37.5m…

A Nigerian court has ordered the temporary forfeiture a $37.5 million property belonging to the country's ex-oil...

Headlines

Chad Settles Tax Dispute With Foreign Oil Firms

Chad, one of the countries hardest hit by the drop in oil prices, announced that it would seek to diversify its economy...

Headlines

Iraq Agrees To Nine-Month Extension of OPEC Production Cut

Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude...

International

Sudan’s PM Reshuffles Cabinet, Replaces Economic Ministers

Sudanese Prime Minister Hassan Saleh announced a new government on Thursday, with changes to economic ministers...

Headlines

Kuwaiti Quits FIFA Council To Fight Bribery Claim

World sport powerbroker Sheikh Ahmad al-Fahad al-Sabah announced his resignation Sunday from the FIFA council, saying...

Headlines

Oil Producers ‘might Have To’ Extend Output Cuts

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed...

International

New Evidence On Oil Payments

The BBC has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast oil field...

International

Former Nigeria Oil Minister Alison-Madueke Charged

Ms Alison-Madueke was described as being at large A former Nigerian oil minister and three election officials have been...

Headlines

US Stocks Shake Gloom As Oil Tops $50/barrel

Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US...

Headlines

Putin To Meet Iran’s Rouhani In Moscow

Russian President Vladimir Putin was on Tuesday to host Iranian counterpart Hassan Rouhani for talks that will be...

Headlines

Saudi Says ‘committed’ To Oil Market Stability

Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world's biggest oil exporter...

Headlines

OPEC Output Cuts Exceed Target

OPEC compliance with oil output reductions has exceeded the target because of higher Saudi cuts, Kuwaiti Oil Minister...

International

Titans of Oil World Meet In Houston After Two-Year Price War

The biggest names in the oil world come together this week for the largest industry gathering since the end of a...

Headlines

Iraq Reports Increased Oil Reserves of 153 Bln Barrels

Iraq's proven oil reserves have increased by 10 billion barrels to 153 billion, Oil Minister Jabbar al-Luaibi announced...

Headlines

‘Diverted Oil Cash’ Forfeited To Nigerian Govt

A court on Thursday ordered $153.3 million allegedly diverted by Nigeria's former oil minister Diezani Alison-Madueke...

Headlines

Former Boss of Nigerian Oil Firm In $10m Cash Probe

A former head of Nigeria's state-run oil firm is under investigation after almost $10 million in cash was found at a...

Headlines

OPEC Delivering On Agreed Oil Output Cuts

The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on world...

International

Oil Overhang Points To Need For Extended OPEC Output Cuts

An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but...

International

Goodluck Jonathan Denies Oil Deal Kickbacks

Nigeria's former President Goodluck Jonathan did not receive kickbacks from a $1.3bn deal involving oil giants ENI and...