Oil and Gas

The Organization of the Petroleum Exporting Countries (OPEC), and participating non-OPEC countries achieved the highest level of 133 percent in...

Vitol, world’s biggest independent oil trader, sees “fairly strong” demand for crude this year, leading to a further drawdown in...

President Nicolas Maduro of Venezuela has claimed that the country's oil-backed "petro" cryptocurrency raised $735 million in the first day...

United Arab Emirates Energy, OPEC’s fourth-largest oil producer, is leading an effort to prolong cooperation with Russia and other allies...

Bank of Russia has said the Russian economy in 2018 may feel a negative impact of the global deal on...

OPEC has said expectations of firm demand based on stronger economic growth forecasts may sustain higher oil prices in 2018...

Prices of crude oil rose Friday, an effect of a weak U.S. dollar and by hopes for further efforts to limit...

Simbi Wabote, executive secretary of the Nigerian Content Development and Monitoring Board Simbi Wabote, executive secretary of the Nigerian Content...

Jabar al-Luaibi, Iraqi oil minister Jabar al-Luaibi, Iraqi oil minister said on Tuesday that the country needs $4 billion for...

Diamantino Azevedo, oil and mineral resources minister Africa’s second-biggest oil exporter, Angola, is set to expand its commodity mix into...