Petroleum

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  • Factbox: Nigeria's Draft Petroleum Industry Bill

    yahoo.com 6 days, 17 hours ago

    (Reuters) - Nigeria's government task force will finalize a draft of the long-delayed Petroleum Industry Bill (PIB) this week before sending it to the oil minister and the national assembly for debate, industry sources told Reuters. The ambitious PIB has been years in the making and several other versions have been debated by parliament. In January, President Goodluck Jonathan ordered that a task force put together a definitive draft to speed up the process. ...

  • Penn West Petroleum Ltd Enters Oversold Territory

    forbes.com 1 week, 1 day ago

    Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero ...

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