Oil and Gas

The American Petroleum Institute (API) has estimated a crude oil inventory build of 1.41 million barrels for the week ending...

The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North...

Oil prices rose on Friday and were on track for weekly gains as a meeting of OPEC and its allies...

Kenneth Afor The Organization of Petroleum Exporting Countries (OPEC) and its allies have agreed to further reduce output production of...

The United States exported more crude oil and petroleum products than it imported in September 2019 — the first month...

By Samson Echenim Global oil producers convened  on Thursday in Vienna, Austria for the 177th OPEC meeting, where the oil...

Saudi Arabia’s oil giant Aramco is assessing setting the final offer price of its initial public offering at the top...

Buhari promised to end flaring by 2020   Ben Eguzozie, in Port Harcourt   With measures put in place many...

By Samson Echenim The African Energy Chamber has called for sustained fiscal reforms to attract capital and technology into exploration...

Kenneth Afor   Oil prices surged on Tuesday in the international markets following speculations that the world's largest producer, Saudi...