H.E. Mohammed Barkindo, Secretary General of the Organization of Petroleum Exporting Countries (OPEC) has urged African oil-producing countries to continue developing their energy sector activities and...
Financial markets are going to get jittery in September amid concerns over the Delta variant, China’s regulatory attacks and shifting monetary policies, warns the CEO of...
The national power grid has collapsed for the second time in less than a month, worsening the blackout being experienced by households and businesses in some...
H.E. Mohammed Barkindo, Secretary General of OPEC, was received by H.E. Bruno Jean-Richard Itoua, Congolese Minister of Hydrocarbons, ahead of a three-day working visit to Congo-Brazzaville;...
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the downstream oil sector. It was, however,...
Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5% as new...
Oil dropped to $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as COVID-19 cases rise, a stronger U.S. dollar...
Saudi state-oil giant Aramco is in advanced talks to acquire a roughly 20 percent stake in Reliance Industries Ltd’s oil refining and chemicals business for about...
President Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law. The President assented to the Bill on Monday, a State House statement said. With...
Oil prices declined by more than one percent on Monday as concerns regarding slowing China’s economic activity weigh on market sentiment. Brent crude oil, against which...
