The Federal High Court in Lagos Wednesday dismissed a suit by the Federal Government against the Nigeria Agip Oil Company Limited. The plaintiff claimed $110million from the respondent for ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels in the week ending April 25 ...

Portugal's Galp will be gradually restarting units at its Sines oil refinery over the coming days after the major Iberian ...

When Exxon Mobil and Chevron report first-quarter results this week, investors will be focused on how falling oil prices have ...

The Gulf of America saw another new oil field take shape off the coast of Louisiana, as the Ballymore field went into ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

Oil prices fell on Wednesday morning ahead of the weekly inventory data report, but strong draws in product inventories ...

Heirs Life Assurance has appointed Callista Azogu as an Independent Non-Executive Director. Callista is an accomplished business leader with over 35 years of experience spanning finance ...

She previously served as the Deputy Managing Director at Nigerian Agip Oil Company Limited, where she led key stakeholder engagement with government institutions and contributed to major ...

Imports of refined oil products increased by 4.9% to 51.1 million tonnes during FY25, compared to 48.7 million tonnes in the previous fiscal. The import bill for these products also rose by 4.3% ...

The National Weather Service will resume translating its products for non-English speakers. The weather service paused the translations this month because its contract with the provider had lapsed.

By Lisa Friedman The Interior Department said late Wednesday that it would fast-track approvals for projects involving coal, gas, oil and minerals ... refined petroleum products, according to ...