Malaysia will be seeking to decrease oil production in order to stabilise global oil prices, says Datuk Seri Azmin Ali, Economic Affairs...
Oil prices surged in early trading on Monday after the United States and China agreed a truce in their trade conflict and...
Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group’s...
The Nigerian National Petroleum Corporation (NNPC) says it is commitment to aggressively grow local consumption of Liquefied Petroleum Gas (LPG), popularly known...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru on Thursday said that the corporation saved $30 million from insurance...
Deepwater breakeven costs could rise again due to cyclical cost inflation, according to a report by Wood Mackenzie. The price of developing...
President Vladimir Putin said on Wednesday Russia is in touch with OPEC and is ready to continue cooperation with it if needed....
Oil slipped to about $60 a barrel on Wednesday, pressured by rising U.S. inventories and doubts over whether an OPEC-led output cut...
Saudi Aramco will expand its market share in Asia despite likely OPEC limits on output next year, and is eyeing deals in...
A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria...