The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

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

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH.The findings are based on analysis of data ...

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

Bayswater Exploration and Production agreed to sell thousands of acres and hundreds of oil wells in the Denver Julesburg ...

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 ...

China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

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

the U.S. has imported millions of barrels of crude oil from Canada daily, reaching a record of 4.3 million barrels per day in July, according to the Energy Information Administration (EIA). While ...

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

ABUJA, Nigeria (AP) — The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant Shell’s ...