In order to maintain the stability of the world oil market, members and non-members of OPEC, also known as OPEC+, have agreed to reduce crude oil prod...
Crude oil imports into Asia this month are anticipated to increase by 8.6% month over month as refineries in China and India finish up maintenance sea...
The Secretary-General of OPEC, Haitham Al Ghais, has said that the world needs more oil to support economic development. He expressed this in...
Oil pollution in Bayelsa State came under worldwide scrutiny as the report of the state's Oil and Environmental Commission (BSOEC) was released in...
Dr Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO) has urged the new governors to diversify the sources of income in ...
As the Persian Gulf tensions rise, Iran has taken control of yet another U.S. oil ship, increasing the total to three tankers taken in only 19 days. ...
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Oil thieves tampered with a crude pipeline, resulting in a major spill and environmental destruction in Uyenghe, Mbo Local Government Area of Akwa Ibo...
Iraq has formally asked Turkey to reopen the pipeline that transports its crude oil from the semi-autonomous Kurdistan Region to the port of Ceyhan ac...
Chief of Naval Staff, Vice Admiral Awwal Gambo stated on Monday that the 26 crew members of the rogue tanker MT Heroic Idun, who were ordered to ...
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has assured the public that t...
Crude oil prices edged up a little bit on Thursday in response to Wednesday's decline brought on by perceptions that the OPEC+ late March pro...
Nigeria lost its potential to produce and export roughly 65,700,000 barrels of oil in the past year due to problems with pipeline vandalism and subseq...
President Muhammadu Buhari has been urged by the Socio-Economic Rights and Accountability Project (SERAP) to set up a panel to investigate allega...
The Attorney General of the Federation (AGF), Abubakar Malami, has been fingered by the House of Representatives ad hoc committee inves...