OPEC+ is calling on member nations to rectify their quota violations. This push comes as crude prices soar to near $87 a barrel in London, presenting...
Namibia, known for its stunning landscapes like the Skeleton Coast and the Namib Desert, is fast becoming more than just a tourist hotspot. With recent monumental...
The Nigerian National Petroleum Company Limited (NNPC Ltd) declared a state of emergency on the nation’s crude oil output. The announcement was made by the Group...
Oil prices surged to their highest levels in two months on Tuesday, driven by a combination of rising summer demand and potential supply disruptions due to...
Oil prices climbed on Monday, driven by forecasts of a supply deficit stemming from peak summer fuel consumption and ongoing OPEC+ production cuts. Brent crude oil,...
Nigeria is set to reactivate eight major idle oil fields with the potential to increase the nation’s crude oil production by 900,000 barrels per day (bpd)....
During the Asian trading session on Friday, oil prices sustained their upward increase to set the stage for a third consecutive weekly gain. This rise is...
In a bid to unlock Nigeria’s vast but underutilized heavy crude oil reserves, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) convened a pivotal industry workshop in...
Brent crude oil prices edged closer to $86 per barrel as heightened expectations of a robust demand surge during the third quarter of the year. This...
Crude oil prices declined on Monday as the U.S. dollar strengthened and concerns over potential interest rate hikes resurfaced. Brent crude oil, against which Nigerian oil...
