According to the OPEC Secretariat statistics, the price of the OPEC basket of twelve crudes, made up of several African ...

Hess' liquidity backstop is very strong. The firm has $1.2 billion in cash and more than $3 billion available on its credit facility as of the last reporting period. In addition, the term structure of ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise ...

Libya’s latest oil and gas licensing round roadshow will be held in Istanbul on 17 April, as part of the country’s efforts to ...

Recent reports indicate that Nigeria's crude production fell in March, in light of the current global crude price drop.