ForbesCheap Oil Edging Us Toward Global Economic CollapseForbesAs we've discussed in the past two weeks, persistently low oil prices represent a risk on par with the housing bust. And in recent days we're seeing the signs of another global financia …

ForbesWhat Oil Bust? Texas Billionaire Gives Each Worker A $100000 BonusForbesChristmas came early at Hilcorp Energy. Despite the depression in the oil and gas sector, this year employees are enjoying a $100,000 bonus. It's the continuation of a tradit …

The PunchMercuria Acquires 17% Stake In Nigeria's Forte Oil For $200 MillionForbesMercuria Energy Holdings SA, a Swiss oil trading firm, has acquired a 17% stake in publicly-listed Nigerian petroleum marketing giant Forte Oil Plc for $200 million. Merc …

ForbesBillionaire Tycoon Carlos Slim Actively Bidding In Mexico's Historic Oil AuctionForbesWhen Mexico opened its oil and gas sectors to domestic and foreign private capital for the first time in nearly eight decades last year, it was widely expected …

ForbesNigerian Billionaire Femi Otedola's Forte Oil Signs $83 Million Contract With ...ForbesForte Oil, Nigeria's largest petroleum marketing company which is majority-owned by billionaire Femi Otedola, has signed an $83 million contract with Sieme …