The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from

Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing US-China trade tensions lifted

The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled a beneficial ownership register, which holds the

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

Oil rose further above $62 a barrel on Tuesday, supported by hopes that US President Donald Trump may signal progress on trade talks

The organisation of Petroleum Exporting Countries (OPEC) is optimistic of near stability in the oil market. Mohammad Sanusi Barkindo,

Libya’s crude shipments jumped to a new three-year high last month, dealing a fresh blow to OPEC and allied oil-producing nations as

Representatives of some OPEC and non-OPEC nations will meet in Abu Dhabi on Aug. 7-8 to discuss why some of them are falling behind in