OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

While U.S. majors ride out price volatility with strong operations, European giants are rethinking their strategy.

The pump price of petrol may hit N900 per litre this week if the price of crude oil continues to hover around $70 per barrel.

The Abu Dhabi National Oil Company (ADNOC) has pledged to increase its oil production capacity to five million barrels a day by 2030 to satisfy the soaring global demand for energy. The Belbazem block ...

The drop in global crude oil costs has led to cuts in depot prices as OPEC+ increased production output. Nigerians expect ...

OPEC+ nations have decided to increase oil production by 547,000 barrels per day in September, continuing a trend of ...

OPEC+ has tentatively agreed to a substantial oil production increase for September, aiming to regain global market share.

OPEC+ agreed on Sunday to raise oil production by 547,000 barrels a day for September, the latest in a series of accelerated ...

OPEC+ announced on Aug 3, 2025 that it will increase oil production by 547,000 barrels per day (bpd) in September. This marked the latest in a series of accelerated output hikes aimed at regaining ...

Beacon Offshore Energy has started oil and natural gas production from the Shenandoah field, offshore Louisiana, US. The ...

Since taking the helm in April 2025, Ojulari has overseen sweeping reforms aimed at restoring transparency, boosting oil ...