Oil

Oil prices dropped sharply Thursday after US President Donald Trump appeared to ease threats of immediate military action against…

Venezuela has accused the United States of the "greatest extortion" at an emergency session of the UN Security Council in New…

US President Donald Trump has said he is ordering a "a total and complete" blockade of all sanctioned oil tankers going into and…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formally launched the 50-oil-block 2025 licensing round portal,…

Nigeria’s gross profit from crude and gas sales declined by 43 per cent, contributing only about 8 per cent of the total oil and…

Oil prices dropped on Tuesday after the Organization of the Petroleum Exporting Countries and its allies, OPEC+, decided to halt…

President Bola Tinubu has posthumously conferred the national honours of Commander of the Order of the Niger (CON) on Albert…

A United Nations commission reported on Tuesday that South Sudanese government officials have stolen billions of dollars in oil…

Eterna Plc has remained profitable, reporting a ₦1.6 billion profit before tax for the first half of 2025, according to its…

OPEC declared on Thursday that global demand for crude oil will continue to rise until at least 2050, dismissing swift transitions…