The Nigerian National Petroleum Company Limited and the Gambian National Petroleum Company have signed a Memorandum of Understanding for several purposes, including the expansion of the crude market and oil...

Dr Emmanuel Ibe Kachikwu, the former Minister of State for Petroleum Resources, has been appointed as a visiting professor of law at the Universities of Benin (UNIBEN), Benin City, Edo...

The Norwegian Petroleum Directorate reported on Tuesday that oil output in Norway, the largest oil producer in Western Europe, fell in January compared to December and was 3% below official...

The de facto leader of OPEC, Saudi Arabia, stated on Monday that the OPEC+ alliance based its choices on the fundamentals of the oil market rather than on political prejudice,...

According to Libya Herald, the National Oil Corporation (NOC) plans to increase longer-term production at the Tahara field to as much as 40,000 bpd. Plans are reported to have been...

[JOINT PRESS RELEASE] The 2nd High-level Meeting of the OPEC-Africa Energy Dialogue took place today, 12 February 2023, in Cairo involving leading energy partners from across the African continent. In...

The Port-Harcourt refinery will start running by the second quarter of 2023, according to a statement made on Thursday by the Nigerian National Petroleum Corporation Limited (NNPC Ltd). Danladi Inuwa,...

Egyptian oil minister Tarek al-Molla stated during a speech at the Egypt Petroleum Show (EGYPS) 2023 on Tuesday that production at the offshore Nargis-1 well gas field, which is supported...

According to the latest issue of the Monthly Oil Market Report published by OPEC on Tuesday, the organisation has increased its estimate of the growth in global oil demand for...