FG is working towards a cost-reflective tariff to address the N4 trn debt in Nigeria's power sector while ensuring energy ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from ...

Oil prices edged higher in volatile trading as investors weighed a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea.

The prestigious seminar, hosted at OPEC’s headquarters in Vienna, drew global leaders, energy policymakers, and industry ...

U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...

India has launched its largest-ever oil and gas licensing round under OALP-X to boost domestic production and reduce its record-high dependence on crude oil imports.

Nigeria’s active crude oil rigs have increased to 46, up from 44 last week, according to the Nigerian Upstream Petroleum ...

The Dangote Petroleum Refinery has reduced the ex-depot price of petrol from ₦840 to ₦820 per litre. Naija News reports that ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...

The weekly rig count from Baker Hughes drops by seven oil rigs and one gas rig to the lowest U.S. tally in nearly four years. The breakout for horizontal drilling is down a whopping sixteen rigs.