Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

Oil production in Kazakhstan reached a daily record high of 278,499 metric tons on Sunday just after it embarked on an ...

Representatives of the Nigerian National Petroleum Company Limited (NNPCL) and the Office of the National Security Adviser expressed optimism, stating that the strategies outlined at the meeting could ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

PE Energy Limited, a leading energy services company has unveiled a new technology, Multi-phase Pump and Systems to end gas ...

The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered ...

Daily oil production in Türkiye's southeastern Gabar mountain region has reached a new milestone, according to a statement by ...

The Federal Government has banned the export of crude oil meant to meet the needs of domestic refineries in the country, ...