Nigeria has recorded its strongest crude oil production in more than six years, surpassing its production quota under the Organisation
Former Nigerian Minister of Petroleum Resources Diezani Alison-Madueke has been acquitted of all bribery charges brought against her in the
Former Nigerian Minister of Petroleum Resources Diezani Alison-Madueke has been acquitted of all bribery charges brought against her in a
Brent crude oil prices fell sharply on Tuesday, slipping below $91 per barrel as traders unwound a geopolitical risk premium
The United Arab Emirates announced on Tuesday that it will withdraw from OPEC and OPEC+, a dramatic move that could
OPEC+ member countries have expressed serious concerns over the damage caused by attacks on energy infrastructure, amid ongoing oil shortages
Global oil markets surged on Monday after coordinated US and Israeli airstrikes on Iran intensified geopolitical tensions across the Middle
Saudi Aramco’s third-quarter net profit fell 2.3% to $26.94 billion, down from $27.56 billion a year earlier, as lower crude
Nigeria’s Bonny Light crude oil price fell to an average of $66.2 per barrel in October 2025, down 6% month-on-month
Managing Director of NNPC Trading Limited, Maryamu Idris, has been appointed as OPEC’s National Representative for Nigeria. In her new
Nigeria’s oil production soared beyond 1.8 million barrels per day (bpd) in July, exceeding its OPEC quota of 1.5 million
OPEC+ has announced a larger-than-expected oil production increase for August 2025, further raising its output by 548,000 barrels per day
Get notified about new articles