Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

In spite of the vicissitudes and volatile nature of both the local and global oil markets, Oando Plc led by the indefatigable Wale Tinubu has continued to break new grounds, consolidating itself as an ...

Based on the reserves, the oil is believed to be over 511 billion barrels, which implies more than the North Sea’s production for fifty years ... intended to maintain the continent as a place of peace ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...

U.S. oil and gas companies are using automation and outsourcing to reduce their workforce, despite record production levels. The oil and gas industry is not expected to see job growth, and wages ...

The chief executive stated that the increase in rig count reflects ongoing efforts to boost upstream activities and enhance the country’s crude oil production capacity. A statement by the NUPRC ...

I was 100 turns into Sid Meier’s Civilization VII, when I conquered almost the entire continent that I started on. I began my hands-on preview humbly as Persia in the Antiquity Age before ...

as we expect that global oil production will grow more than global oil demand," the agency said in its short-term energy outlook, published Tuesday. The agency sees global oil production growing ...

A whole continent which has gone walk-a-bout for nearly 400 years? Granted, it sounds pretty wild, particularly given how much we know about our planet already. However, there's one particular area of ...

(Reuters) -Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ...

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The African Energy Chamber (AEC) anticipates a significant surge in African oil production in 2025, with Nigeria and Angola leading the charge. In its “State of African Energy 2025 Outlook,” the AEC ...