South Korea releases two ships as oil transfers to North 'not deliberate' sanctions breach  Reuters AfricaThe United Nations has approved the release of two ships impounded by South Korea on suspicion of transferring oil to North Korea as there w …

Shell, Nigerian communities agree to reopen oil flow station, says official  Reuters UKInternational oil major Shell and Nigerian stakeholder communities agreed to reopen the flow station for the Oil Mining Licence 25, the regional Rivers state . …

Nestlé plans blockchain pilot for its palm oil, but it won’t run on IBM tech  The Next WebNestlé has bragged it's the first major food and beverage company to announce a blockchain pilot that will allow consumers to track product sustainability a …

Ancala acquires 50 per cent interest in Dragon LNG from Petronas  Private Equity WireAncala Partners (Ancala), an independent infrastructure investment manager, has acquired a 50 per cent interest in Dragon LNG, a liquefied natural gas (LNG) ... …

Louisiana's Knight Oil Tools battle gets national spotlight  Greater Baton Rouge Business ReportThe bitter sibling rivalry for control over Knight Oil Tools may very well have its roots in Bryan Knight protecting his older brother, Mark, from bul …

Novatek offers to supply LNG to Gazprom to cover any Ukraine transit issues - Ifax  Reuters UKRussian gas producer Novatek is prepared to supply Gazprom with liquefied natural gas to honour its contracts this winter in the event of Ukraine transi …

Russian oil output up in June, still outperforming cuts deal  Reuters UKRussian daily oil output rose in June to 11.15 million barrels per day (bpd), up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut ... Read …

Saudi Arabia may cut August crude oil prices to Asia - sources  ReutersTop oil exporter Saudi Arabia is expected to cut prices of most crude grades it sells to Asia in August after Middle East benchmarks weakened last month, trade ... Read more h …

Saudi Arabia may cut August crude oil prices to Asia - sources  Reuters UKTop oil exporter Saudi Arabia is expected to cut prices of most crude grades it sells to Asia in August after Middle East benchmarks weakened last month, trade ... Read mor …

Russian oil output rises to 11.15 million bpd in June, still adheres to global deal  Reuters UKRussian oil production rose to 11.15 million barrels per day (bpd) in June from 11.11 million bpd in May, two industry sources told Reuters on Monday, …