Libya, home to Africa’s largest crude reserves, has been an on-off oil supplier to the world since the chaotic ouster of long-time ruler Moammar Al Qaddafi resulted in a power vacuum more than a ...

With billions of barrels lying beneath the land and offshore, oil is one of Africa’s biggest money-makers. Morocco has the ...

Africa’s oil and gas industry continues to attract investment as new discoveries and frontier basins drive exploration activity across the continent. In 2025, several high-impact projects will shape ...

Globally, the average price of gasoline around the world is 1.25 U.S. Dollars (1941.46 Naira) per litre, with a substantial ...

The high cost of petrol in oil-producing countries is the result of a combination of market forces, policies, and economic ...

Oil loadings from two key Libyan ports are being brought to a standstill as protests hinder about a third of the OPEC ...

The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...

In the list , Pakistan ranks 36th among the world's cheapest petrol markets, with fuel prices lower than India, which stands ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Libya is turning to renewable energy sources as it faces electricity demand surpassing the capacity of its oil and gas-powered plants ...