OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.

leading to stronger naphtha production.” Once fully operational, the $20 billion Dangote refinery will have the capacity to refine an impressive 650,000 barrels of crude oil daily, making it a ...

Image source ... There are dozens of oil stocks. They run the gamut from pure-play exploration and production companies (E&Ps), midstream businesses, service providers, and refiners to integrated ...

Horizon Kinetics have published their Q4 2024 Commentary. How’d we do? How’d the market do? What to expect now? Click here to ...

As of 5:00 p.m. (New York City time) on January 27, 2025, the Company had received the requisite tenders and consents to the Proposed Amendments. The Proposed Amendments became effective on January 27 ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending its 16-year stint in the cartel. Angola, Africa’s second-largest crude ...

The Organisation of the Petroleum Exporting Countries’ crude production dipped ... aimed at buoying global oil markets. According to a report by Bloomberg, OPEC oil output fell by 120,000 ...