(LAGOS, Nigeria)Italian energy giant Eni SpA says it has repaired an oil pipeline blown up by saboteurs last week in Nigeria's southern oil region. A statement released on the company's Web site s...READ MORE
(LAGOS, Nigeria)An explosion that destroyed an Eni SpA oil pipeline in Nigeria's restive southern oil region was caused by aggrieved youths from a nearby community, a military official said Friday...READ MORE
(NEW YORK)An analyst raised his oil price estimates for the next two years and upgraded shares of British oil producer BP PLC, predicting Europe-based integrated oil companies will continue ...READ MORE
(NEW YORK)As the price of crude oil again hit all-time highs, U.S.-traded shares of several European oil and gas companies followed suit. The price of oil hit to a peak of $127.82 per barrel...READ MORE