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

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

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

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

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

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

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 ...

CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production.

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

He disclosed that Nigeria’s daily crude oil production has now exceeded 1.8 million barrels, moving closer to the 2.2m barrels per day target.

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

In cooperation with foreign partners, the EGPC is working to boost its daily production to 565,000 barrels, compared to 475,000 barrels per day at the close of the last fiscal year ...