The 34th OPEC and non-OPEC Ministerial Meeting took place by videoconference on Sunday, 4 December 2022. According to the decision made by the OPEC and non-OPEC Participating Countries in the...

According to an official in the Indian Oil Ministry, India would continue to purchase Russian crude oil even after the embargo and price cap go into effect on Monday, December...

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...