China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more than $1 billion in a project to produce 60,000 barrels per day of crude oil by end-2026, an ...

West Texas Intermediate (WTI) Oil price holds ground after two days of gains, trading around $63.40 during the Asian hours on ...

Angola’s crude production slipped below 1 million barrels a day in July, marking the lowest level since March 2023. ・Angola's ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country is on track to achieve a crude oil production ...

Everyone in the energy business spends some time thinking about future oil prices. Up. Down. Flat. Regardless of the direction, price changes impact oilfield spending and activity. Given the ...

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

ConocoPhillips (NYSE: COP) today announced it has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the Port ...

Empire Petroleum struggles with high costs and unprofitability. The oil market outlook is deteriorating. See here for an in-depth analysis of EP stock.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the early Asian trading hours on Thursday. The WTI edges higher as US crude oil inventories fall more than ...

His remarks come amid fresh data showing that Nigeria has kept crude production above its OPEC quota for the second month ...

September WTI crude oil (CLU25 ) on Wednesday closed up +0.86 (+1.38%), and September RBOB gasoline (RBU25 ) closed up ...

Lokpobiri: Nig’s ambition is to meet local demands, not exceed OPEC quota …Labour Minister seeks increased investment in safety protocols The Group Chief Executive Officer (GCEO) of the Nigerian ...