The Chief Executive of BP, Bernard Looney, warned of significant price increases for oil and gas if supply were to be lowered too quickly without a corresponding decline in demand...

The average amount of crude oil produced by OPEC in February was 150,000 bpd higher than it was in January, according to a Reuters survey published on Tuesday. According to...

The Nigerian Upstream Regulatory Commission (NUPRC) reports that the Nigerian government has discovered new oil fields with a daily capacity of 1.52 billion standard cubic feet of gas and 681,000...

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...