The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

Russia's oil production is expected to be slightly lower in 2024 compared to 2023, as the country adjusts for previous overproduction according to OPEC+ agreements, while oil processing levels are ...

Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower ...

Oil prices eased about 1% on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin discussed moves to end the three-year-old war in Ukraine ...

There are growing concerns over the ability of the federal government to fully implement Nigeria's almost N55 trillion budget for 2025 as the deficit in the country's crude oil production benchmark of ...

Oil prices have gained support from Trump's vow to continue the US assault on Yemen's Houthis unless they end their attacks on ships in the Red Sea ...

The company does not plan to reduce oil refining in 2025 after a record refining volume in 2024, Alexander Dyukov, the CEO, added ...

Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.

Production of more than 450, 000 barrels of crude oil is at risk following an explosion reported today at the Trans-Niger Pipeline (TNP) in Rivers State. The pipeline is considered one of Nigeria’s ...

Trump’s rapid-fire policy changes have created an atmosphere of uncertainty across financial markets. Crude oil, like other ...