Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

The approval of a plan by the Iraqi Parliament to increase payments to international oil companies operating in the semiautonomous northern region is ...

Egypt is expected to receive 1.4 billion cubic feet of Cypriot natural gas per day starting in 2027, with shipments arriving via the Aphrodite and Kronos gas fields, an unnamed government official ...

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, ...

Crude oil futures climbed to a two-week high Tuesday, as concerns over sanctions on Russian and Iranian oil supplies as well as rising Middle East tensions outweighed worries that a potential trade ...

BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a ...

EU mid-market update: Next page of Trump tariff plan sees steel and aluminium imports targeted at 25% but EU vows response; ...

Tullow Oil, a UK-based oil giant, has announced plans to resume drilling in Ghana's oilfields in May 2025, following the ...