The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has ...

Additionally, the bloc ranked second worldwide in natural gas exports and third in marketed natural gas production ...

Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, ...

Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, ...

Crude oil futures closed Friday at their lowest settlement price this year, with both WTI and Brent benchmarks tumbling more than $2/bbl, fueled by near-term supply concerns and expectations that ...

The Federal Government has said it would not resort to price-fixing for crude oil. It insisted on the commitment to comply ...

The minister said for over a decade, there has been no investment in the sector, adding that things are now changing for the ...

Saudi Arabia's crude oil exports declined slightly in December 2024, despite a modest increase in refinery throughput, as the ...

Nigeria’s crude oil production saw a significant boost in January, reaching an average of 1.539 million barrels per day (bpd), according to the Organisation of Petroleum Exporting Countries (OPEC).

Today’s build in crude inventories is in line with seasonal trends and adds to the 4.1 million barrels that the EIA estimated for the week prior.

Over the past 5 and 10 years, Dated Brent (North Sea Dated) crude oil prices have averaged US$75.40/bbl and US$66.27/bbl, ...