It wants India to cut Russian oil purchases that are funding the war in Ukraine. Read more at straitstimes.com. Read more at ...

Industry stakeholders discuss how Nigeria's oil tax reforms, like the Tax Act 2025, can unlock value across the country's entire energy value chain.

COMAC data indicate that projected price increases are largely driven by the cedi’s depreciation against the US dollar in January 2026 and by rising international crude oil prices. Crude oil prices ...

From Abdullateef Aliyu and Dotun Omisakin (Lagos), Mumini Abdulkareem (Ilorin) and Ahmad Datti (Kano)Marketers yesterday effected a sharp adjustment in the pump price of Premium Motor Spirit (PMS), ...

The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.

On Friday, West Texas Intermediate crude for March delivery (CLH26) (CL.1) posted a 14% gain for the month of January, following five consecutive months of declines. It edged down by 0.3% Friday to ...

India’s mission to blend gasoline with biofuels in a bid to cut carbon emissions as well as save billions of dollars on ...

Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards in the current bidding round. The move comes as ...

America's two largest oil companies on Friday posted their smallest annual profits since 2021, pressured by a growing glut of ...

MOL Group (Budapest, Hungary; has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC; ...

Iran tensions push oil up 11% and threaten the Strait of Hormuz (20% of global supply). Click for this overview of the sector and factors influencing oil prices.

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