In a startling turn of events, Brent crude oil finds itself on a tumultuous path, heading towards its most significant quarterly losses in over three decades....
Emerging Markets to Offset Recession Risk, but Malaysian State Oil Firm Reports Slowdown in Demand and Growing Refinery Capacity Pressures Market
Over the past three decades, Angola has established itself as the premier destination for large-scale oil and gas investment.
Nigeria, Africa's largest crude oil producer, generated N5.14 trillion in revenue from crude oil in the first quarter (Q1) of 2023.
Oil prices declined by 2% on Wednesday as weak Chinese data and a stronger United States dollar dragged on commodity prices.
The Organisation of Petroleum Exporting Countries (OPEC) recently released its Monthly Oil Market Report, confirming that Nigeria produced 1.3 million barrels per day (bpd) of crude...
In a sad turn of events, residents of Rumuekpe community in Emohua Local Government Area of Rivers State, South-south Nigeria, woke up to a devastating explosion...
The Federal Ministry of Petroleum Resources has disclosed that Nigeria is recording success in oil earnings as a result of improvements in security in the Niger...
The Federal Government of Nigeria has revealed that investors have been shunning investment in the nation’s downstream oil sector because the cost of petroleum products were...
Oilserv Limited, an oil and gas firm has advised the Federal Government to fight the issues of oil theft directly from its source as it is...