The Nigerian National Petroleum Company Limited (NNPCL) says it is ramping up efforts to raise the country’s oil production capacity ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while U.S. tariffs and possible further sanctions on ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

For now, though, the market remains relatively tight through the northern hemisphere summer." "Meanwhile, the International Energy Agency (IEA) is scheduled to release its latest monthly Oil market ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

The Senate says that the Nigerian National Petroleum Company Limited (NNPCL) is yet to account for the N210 trillion highlighted ...

As OPEC+ allies restore 548,000 barrels daily, creating oil market volatility, procurement executives face supply chain risks ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Oil Snaps Winning Streak As Oversupply Concerns ...