News

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
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 ...
By bnm Tehran bureau Iran topped global crude oil production growth in 2024, increasing output by 374,000 barrels per day (bpd) to achieve a 13% rise, according to OPEC's latest statistical bulletin.
The African Energy Chamber (AEC) ( – the voice of the African energy sector – is urging OPEC member states and their allies ...
Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...
The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...
The United Arab Emirates could further boost its oil capacity after 2027 if that is what markets require, its energy minister ...
World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...
BINL is set to develop a $15bn refinery and Free Trade Zone in Ondo State, creating jobs and boosting economic activity with ...