OPEC cut its forecast for the growth of the world's oil demand for this year and next in its Monthly Oil Market Report (MOMR), which was released on Monday. This...

Sadiya Umar Farouq, the minister of humanitarian affairs, disaster management, and social development (FMHADMSD), yesterday pleaded with developed nations to increase funding for initiatives that would help the most vulnerable...

The government of the United Kingdom has declared that it will contribute an additional £200 million to help African nations adapt to the effects of climate change. The pledge, which...

The HDLE/HDLS oil field, which is connected to the Zemlet El Arbi contract and is situated in the Berkine basin about 300 kilometres south-east of Hassi Messaoud, has begun production,...

In their addresses on Tuesday at the COP27 climate meeting in Egypt, leaders from developing nations accused affluent nations and oil firms of causing global warming and demanded compensation for...

The 1,443-kilometer-long East African crude oil pipeline project (EACOP), which will be built between the oil wells in Uganda's Western Region and the seaport of Tanga in Tanzania, has received...

The French oil giant, TotalEnergies, has committed $3 billion to renewable energy and oil exploration projects in Angola. The chief executive of the French multinational energy company, Patrick Pouyanné, disclosed...

Farhat Bengdara, the chairman of the Libyan National Oil Corporation (NOC), announced that he had reached an agreement with British Petroleum (BP) and the Italian oil company Eni to begin...

Days before the start of the COP27 climate summit in Egypt next week, Saudi Arabia and the UAE have declared that oil continues to be a key component of the...