India's crude oil imports from Russia surged to a near-annual high in June, reaching 2.08 million bpd, driven by West Asia tensions and discounted prices. While overall imports decreased, Russian ...

Oil and gas will continue to account for more than 50% of the global energy balance from 2024 through 2050, while oil alone ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Geopolitical risks buffeted oil prices late in the trading week. West Texas Intermediate fell Thursday on renewed concerns about U.S. tariffs and their economic impact and climbed Friday on possible ...

Eddy County, New Mexico, remains the most active county in the Permian with 44 rigs, down one for the week. Lea County, New ...

Saying the first six months of the year have been active when it comes to oil prices may be an understatement.

Acting Minister of Oil and Gas of the Government of National Unity, Khalifa Abdul-Sadig, has expressed interest in expanding ...

With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...

Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the ...

The Warri refinery was also shut down one month after the former Group Chief Executive Officer of the NNPC, Mele Kyari, declared it open in December. The Manufacturers Association of Nigeria said the ...

Sen. Heineken Lokpobiri, has called on the international community, particularly the Global North, to recognise Africa as a ...