The potential sale of the refineries comes amid growing criticism of NNPC’s past spending. Although the facilities did not undergo full Turnaround Maintenance (TAM) in recent years, the National ...

The Organisation of the Petroleum Exporting Countries (OPEC) warns that the oil sector will need $10.6tn in new investments by 2040—and up to $18.2tn by 2050—to meet rising global demand and maintain ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

US stocks mostly fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and ...

Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...

India significantly increased its crude oil imports from the United States and Brazil in the first half of 2025, driven by ...

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has declared that the company is now on track and has ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...