An EU diplomat told Reuters on Thursday that the EU has made a provisional decision to fix the price restriction on Russian crude oil at $60 per barrel. However, Poland,...

Libya's central bank governor, Sadiq Al-Kabir, told Bloomberg from the capital city of Tripoli that the war-torn OPEC country has to increase oil production to implement ambitious development plans and...

At the ongoing Angola Oil & Gas (AOG) 2022 Conference and Exhibition, the Ministry of Mines and Hydrocarbons in Equatorial Guinea and Hydrocarbons and the Ministry of Hydrocarbons of the...

The Energy Ministers of Saudi Arabia and Iraq reaffirmed their support for the reduction in oil production following a bilateral meeting on Thursday. Prince Abdulaziz bin Salman said in a...

According to Reuters, the Australian energy giant, Woodside has sent its first LNG shipment to Europe. Germany's Uniper purchased the 75,000-ton shipment. The North West Shelf project in Western Australia...

President Muhammadu Buhari signalled the start of the first crude oil drilling operation in northern Nigeria on Tuesday, on the border of Bauchi and Gombe states. The Kolmani River II...

Saipem, an Italian oilfield services company, announced on Tuesday that is has signed several new drilling contracts in the Middle East and West Africa, totaling over $800 million. The company...

According to the International Energy Agency, if the EU embargo on crude oil imports by sea goes into effect next month, Russia's oil production might decrease by 1.4 million barrels...

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...