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However, this recovery has now placed the government in a difficult position, as it faces the challenge of balancing ...

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production ...

Nigeria aims to increase its OPEC oil production quota as output recovers but faces potential opposition from the cartel.

Africa’s biggest crude producer Nigeria has emerged from a years-long output slump due to improved security, creating a ...

According to experts, the Dangote refinery might end the decades-long gasoline trade from Europe to Africa, valued at $17 ...

Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and ...

President Bola Tinubu has pledged to raise Nigeria's crude oil production from less than 1.5 million barrels per day to ...

Nigeria has emerged from a years-long crude output slump due to improved security, reaching 1.48 million barrels a day last ...

Scott Sheffield, the former CEO of Pioneer Natural Resources, is a hero of the Texas oil industry. But the U.S. government has accused him of working with OPEC to fix prices.

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...

THE Organisation of Petroleum Exporting Countries, OPEC, has put its 2025 economic growth at 3.1 per cent, painting a picture ...