Iranian Petroleum Minister Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to...
In the face of current realities, the Nigerian government must take quick steps in reforming the oil sector, transit to a sustainable...
A Nigerian civil society group, Policy Alert, which is working to improve economic and environmental governance, has written the United States Securities...
When OPEC ministers descend on Vienna to decide oil production policy, their meetings are usually accompanied by displays of brotherhood between the...
Oil prices gained on Wednesday as OPEC experts recommended deeper production to combat the slowing demand due to the coronavirus outbreak. U.S....
Futures rose as much as 4.4percent in New York, after sinking 16percent last week. Russia, which is due to meet other OPEC+...
Bahrain may transfer some of its oil and natural gas assets into a proposed state-run fund in which it could sell shares...
The Nigeria National Petroleum Corporation (NNPC) recorded N344.6 billion losses in its 2018 operations, a new report by the Nigeria Natural Resource...
Despite being host to the life-wire of the nations economy, over 88percent of rural dwellers in Nigeria’s oil rich Niger Delta region...
The balance in the Excess Crude Account (ECA) as at the end of January, 2020 was scandalously low that Nigerians had wondered...
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Dangote Petroleum Refinery and Petrochemicals has increased its crude oil processing capacity to 700,000...
Nigeria’s crude oil production has surged to an 11-month high in May, 2026, with...
The Nigerian National Petroleum Company (NNPC Ltd.) has renewed its agreement with TotalEnergies for...
