VIENNA: Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.75 during the early Asian trading hours on ...

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri yesterday said the Federal Government has ...

The African Energy Chamber (AEC) ( – the voice of the African energy sector – is urging OPEC member states and their allies ...

Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari disclosed that the Ajaokuta-Kaduna-Kano (AKK) Gas ...

Oil output in Kazakhstan, one of the world's 10 biggest producing countries, returned to growth last month and matched an all ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

JPMorgan says there's about a one in five chance that disruptions to oil production in the Persian Gulf send prices spiraling higher.

Last week, Siva Gunda, the Vice Chairman of the California Energy Commission, submitted a set of recommendations around oil refining and production to the governor.

Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...