The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...

Trade routes have also been reshuffled by startup of the massive Dangote oil refinery in Nigeria, expansion of Canada’s Trans ...

Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil ...

Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...

Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

An audit report has revealed several unauthorized transactions the NNPC carried out including an N82.95 billion purportedly ...

Output from the Organization of Petroleum Exporting Countries, OPEC fell by 120,000 barrels a day to 27.05 million a day, ...

The "Global Offshore Upstream Development Outlook, 2024-2028" report has been added to ResearchAndMarkets.com's offering.Overall crude and natural gas production from offshore fields is expected to ...

West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $72.90 per barrel during the Asian hours on Tuesday. However, crude Oil prices were ...

THE Nigerian Army has uncovered 20 illegal refining sites and apprehended 11 suspected operators of the facilities during ...