New offshore projects in Brazil and Guyana shift global supply dynamics as output growth outpaces expected demand ...

The Nigerian Content Development and Monitoring Board (NCDMB) says that the recent acquisition of Saipem, an Italian oil servicing firm by Marconi NG EPC, as a major boost to the Nigerian Content ...

Prasanna V. Joshi of ExxonMobil emphasizes the need for increased investment in oil exploration and production to meet future demand, while cautioning that Opec's output increases may cause a ...

The US Energy Information Administration (EIA) recently released its forecast for OPEC’s crude oil production in 2026, ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria’s oil output, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per day in November from 1.496 ...

Any regime change of President Nicolas Maduro could be a game-changer for oil production in Venezuela, U.S. access to ...

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries ...

The OPEC ‘Monthly Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in the global oil market related to the global ...

Baker Hughes, a leading energy services company, said that U.S. firms cut back on the number of natural gas and oil rigs for a ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Nigeria’s crude oil production rose marginally to 1.436 million barrels per day (mbpd) in November, which was an increase of ...