As the oil market anxiously awaits OPEC’s decision next week, some of the countries hardest hit by the biggest price...
For months, Russia has told OPEC its preferred option in any eventual oil-supply deal was to freeze production, rather than...
When OPEC exempted Nigeria from its plan to cut oil output for the first time in eight years, it highlighted...
Oil prices cut earlier losses after Iraq said it was willing to “shoulder responsibility” for some of OPEC’s planned production...
OPEC talks in Vienna Tuesday didn’t resolve whether Iraq and Iran will join any production cuts, instead deferring the crucial...
Oil prices edged higher on Wednesday but gains were capped by investors’ doubts that oil cartel OPEC would agree to...
A new study by Wood Mackenzie lists three main risks for global oil majors as growth in renewable energy, intensifying carbon...
The Organisation of Petroleum Exporting Countries (OPEC) need production cut of at least 700,000 barrels per day to bring the...
Nigeria, mired in some of its toughest battles yet to halt resurgent militancy in the oil-rich Niger Delta, is facing...
OPEC is on course to finalize the details of the Algiers accord to cut oil production at a meeting in...
OPEC experts discussing how to implement a plan to cut oil output are likely to reach agreement later on Tuesday,...
International Oil Companies (IOCs) are pushing for deeper investments in natural gas as a cleaner energy alternative to reduce carbon...
The United States Department of Energy’s Pacific Northwest National Laboratory (PNNL) has found a way to potentially produce 30 million...
To deal with the scourge of militant attacks that has seen over 1,600 attacks in 2016 alone, Maikanti Baru, NNPC...
…As NNPC vows to complete gas infrastructure projects As part of efforts to reposition for profitability in line with...