Russian oil and gas firm Zarubezhneft plans to sell its stake in Indonesia's Tuna gas project, the upstream regulator said on Tuesday, after its British partner said sanctions were complicating their joint development.
Petrol prices in Nigeria reached 617 naira ($0.7802) per litre on Tuesday, the highest ever, as fuel prices rose in the second month after President Tinubu scrapped a popular but costly fuel subsidy in May.
Libyan oil fields closure could lead to announcing force majeure, the oil ministry said late on Friday, a day after three oilfields were shut in protest against the abduction of a former finance minister.
Toronto Ontario-based mining company Largo Inc said on Saturday that an employee had died due to an accident at the chemical plant on a mine in Brazil.