The 6 Division of the Nigerian Army has arrested 29 suspected oil thieves, dismantled 24 illegal refineries, and recovered over 60,000 litres of stolen petroleum products in the Niger Delta region.

On the 2024 Licensing Round and Investment Drive, Engr. Komolafe highlighted that NUPRC launched its 2024 Licensing Round, offering 24 oil and gas assets to investors. To attract global ...

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day. By Stanley Reed Chevron said Friday that it had completed an ...

NEW DELHI, Jan 24 (Reuters) - The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest sanctions targeting Moscow's oil revenue ...

If it (crude oil) is available elsewhere (at a discounted price), we will buy (from that market)," Hardeep Singh Puri, who is Minister for Petroleum and Natural Gas, said during a media ...

HOUSTON, Jan 24 (Reuters) - Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump announced sweeping ...

US President Donald Trump has claimed that the war in Ukraine could be brought to an end by a fall in the price of oil. Speaking via video link at the World Economic Forum in Davos on Thursday ...

Kyiv is seeking to disrupt Russian military logistics and put pressure on the country’s economy by striking its oil industry. By Maria Varenikova Reporting from Kyiv, Ukraine. Ukraine fired a ...

Oil prices were flat on Friday morning, following sharp falls in the previous session, on the back of Trump's Davos speech. Brent crude futures were little changed $78.25 per barrel, while US West ...

2-Year U.S. Treasury Note Continuous Contract $102.766 0.027 0.03% 5-Year U.S. Treasury Note Continuous Contract $106.461 0.102 0.10% 10-Year U.S. Treasury Note Continuous Contract $109.094 0.141 ...

Oil prices were flat on Friday morning, following sharp falls in the previous session, on the back of Trump's Davos speech. Brent crude futures were little changed $78.25 per barrel, while US West ...

Sao Paulo (AFP) – Brazil's president this week amped up pressure for a major oil project to go ahead at the mouth of the Amazon River, despite criticism from environmentalists as the country ...