The ongoing plan by the Federal Government to increase crude oil production to 2.062 million barrels per day could potentially lead to a confrontation with the Organisation of Petroleum Exporting ...

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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 the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has reduced the importation of refined products from Europe. In ...

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

More than 70 were killed and dozens more were injured in a fuel tanker fire and explosion along a highway in central Nigeria, ...

The Dangote Petroleum Refinery has announced an upward adjustment in the price of Premium Motor Spirit (PMS), also known as ...

OPEC forecasts global oil demand to grow by 1.4 million barrels per day in both 2025 and 2026, driven by non-OECD regions The ...

The Organisation of the Petroleum Exporting Countries (OPEC) has revealed that the European market has started feeling the ...

The Organisation of the Petroleum Exporting Countries (OPEC) reports that the Dangote Petroleum Refinery has significantly ...