Saudi oil giant Aramco has posted first-quarter net profit of 119.54 billion riyals ($31.88 billion), a fall of about 19% from the...
The Nigerian Upstream Downstream Regulatory Commission (NUPRC) says the Federal Government has concluded plans to explore alternative funding models for development of...
The TotalEnergies E&P Nigeria says it will stop routine gas flaring in 2023 to actualise energy security and sufficiency. Mr Victor Bandele,...
The National Biotechnology Development Agency (NABDA), Rahad Global Investment Ltd and NNPC Energy Services Ltd on Thursday signed a tripartite Memorandum of...
One oil exchange-traded fund saw its largest one-day outflow in more than three years, a possible sign that some investors remain concerned...
Oil fell in a low-volume session, unable to withstand a rising US dollar while investors waited for upcoming supply constraints to hit...
Chad has nationalised all the oil and gas assets, including hydrocarbon permits, that were owned by Exxon Mobil’s subsidiary, reported Reuters citing Central African...
Saudi Aramco has reported a record $161bn (£134bn) profit for 2022, the largest annual profit ever recorded by an oil and gas...
Aggregate global upstream spending will rise sequentially in 2023, by about 10-15%, while overall spending will still fall below 2016-19 levels, Moody’s...
The Minister of State for Petroleum Resources, Timipre Sylva, has assured Nigerians that rehabilitation of the Port Harcourt refinery would soon be...