Oil and gas will continue to account for more than 50% of the global energy balance from 2024 through 2050, while oil alone ...

Dubai UAE’s Ministry of Energy and Infrastructure has restated its unwavering aim to lift crude oil production capacity to five million barrels per day by 2027 amid shifting global energy demand. The ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Geopolitical risks buffeted oil prices late in the trading week. West Texas Intermediate fell Thursday on renewed concerns about U.S. tariffs and their economic impact and climbed Friday on possible ...

Eddy County, New Mexico, remains the most active county in the Permian with 44 rigs, down one for the week. Lea County, New ...

Saying the first six months of the year have been active when it comes to oil prices may be an understatement.

Acting Minister of Oil and Gas of the Government of National Unity, Khalifa Abdul-Sadig, has expressed interest in expanding ...

With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...

Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the ...

The Warri refinery was also shut down one month after the former Group Chief Executive Officer of the NNPC, Mele Kyari, declared it open in December. The Manufacturers Association of Nigeria said the ...

Sen. Heineken Lokpobiri, has called on the international community, particularly the Global North, to recognise Africa as a ...

There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not ...