The Nigerian Content Development and Monitoring Board (NCDMB) says that the recent acquisition of Saipem, an Italian oil servicing firm by Marconi NG EPC, as a major boost to the Nigerian Content ...

The US Energy Information Administration (EIA) recently released its forecast for OPEC’s crude oil production in 2026, ...

Nigeria's crude oil production rose slightly in November to 1.436 million barrels per day (bpd), up from 1.401 million bpd in October, according to the OPEC Monthly Oil Market Report (MOMR) released ...

Lower interest rates have also improved the outlook for debt-heavy clean-power counters Read more at The Business Times.

Oil prices closed lower on Friday as a supply glut and a potential Russia Ukraine peace deal outweighed worries about any ...

Escalating tensions could lead to a short-term squeeze in Venezuela’s supply, but a regime change away from Maduro could lead ...

Venezuela has been sidestepping a US oil export embargo for years, selling crude at a discounted price mainly to China. But ...

Nigeria's imports of US crude oil surged by 153% in 2025, highlighting a growing reliance on foreign supply despite being a ...

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries ...