YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.

A 50-year-old West Africa regional bloc is facing significant challenges after three junta-led countries — Mali, Niger and ...

Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

LONDON (Reuters) - OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, ...

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) is expected to maintain its current plans to ...

The message from Trump might be to "drill, baby, drill," but the message the market is sending to domestic producers is entirely different.

Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that it has entered into a definitive purchase agreement with Viper Energy, Inc. (“Viper”), a subsidiary of ...

The OPEC+ group of leading oil producers is set to discuss President Donald Trump's efforts to raise U.S. oil production and ...

As global oil markets anticipate the upcoming OPEC+ meeting next week, attention is focused on economic uncertainties, including weak economic data from China and US President Donald Trump’s calls for ...

MOSCOW (Reuters) - Oil production in Kazakhstan reached a daily record high of 278,499 metric tons on Sunday just after it ...