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.

NUPRC has reported that Nigeria’s oil reserves dropped to 37.28bn barrels while gas stock rose to 210.54TCF in 2025 ...

E's investment aligns with the Roman government's Mattei Plan, which aims to strengthen Rome's relations with Africa.

Supermajor BP has indicated that its upstream production for the first quarter of this year is expected to be lower compared ...

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...

The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five ...

The fastest growing economies in the world are projected to experience rapid expansion, fueled primarily by their abundant ...

Libya’s state National Oil Corporation (NOC) announced yesterday that Mellitah Oil and Gas Company is preparing to drill ...