A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum Regulatory Commission has said. This is 300 per cent higher than the cost of ...

Gas prices in the West Coast are about to surge by as much as 10 to 45 cents a gallon over the next couple weeks, says one ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

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

The Special Adviser to President Bola Ahmed Tinubu on Economic Matters, Dr. Tope Fasua, has cautioned Africa not to be carried away ...

Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...

Oil production ... in great contrast to the country's current domestic proven reserves, which is estimated at 21.9 billion barrels. The DOE stresses that much of this production could be tapped ...

global production can barely meet the high demand for crude oil from countries such as the USA, China or India. In December 2005 the global demand for crude oil was 83.3 million barrels per day ...

global production can barely meet the high demand for crude oil from countries such as the USA, China or India. In December 2005 the global demand for crude oil was 83.3 million barrels per day ...

Ukraine could trade territory in potential peace talks with Russia, Zelensky says Ukraine strikes Russia's Saratov oil ...