The pump price of Premium Motor Spirit (petrol) may rise to N1,000 per litre in the coming days due to the surge in crude oil prices on the international market.Fuel marketers told Saturday PUNCH that ...

Discover how Nigeria's oil revenue reached N55.5tn in 2025 from 530.41m barrels of crude oil, despite production challenges ...

ExxonMobil CEO Darren Woods in a CNBC interview stood by comments on Venezuela's oil industry that angered President Donald ...

Trump’s fixation on hiking oil volumes from OPEC and Venezuela to lower prices at the pump is leaving U.S. oil producers ...

Uganda is on track to achieve its first oil production by July 2026, following progress updates from the East African Crude Oil Pipeline (EACOP) project.Minister of Energy and Mineral Development Dr.

Key Takeaways Venezuela's collapse in oil production stems from nationalizations that drove out technical expertise, sanctions that blocked investment and buyers, and having a heavy crude that's ...

Glencore (GLNCY) could gain from renewed Venezuelan oil flows and heavy crude demand. Read the latest analysis on the stock ...

President Donald Trump said Saturday that the removal of Venezuela President Nicolás Maduro from power will open the door to the country's vast oil reserves, a move that has the potential to reshape ...

The industry has long prioritized projects with quick and reliable payback. Trump is pushing for a return to risk.

President Trump has reportedly homed in on $50 a barrel as the price he'd like to see US oil prices trend toward, alleviating ...

Petrol prices currently vary widely across Nigeria, with MRS stations selling as low as N739 per litre, while some filling ...

The turning point for the US came with the seizure of Nicolás Maduro. President Donald Trump said the US would "run" ...