
Oil prices rose slightly Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned...

The Organisation of Petroleum Exporting Countries (OPEC), has commended the Norwegian government for its support in ensuring global oil market stability. Dr Mohammed Barkindo, OPEC Secretary-General,...

Management of the Nigerian National Petroleum Corporation (NNPC), says it has directed all its partners and suppliers to bring down their cost to between 30 and...

By Bamike Bamidele Meles Kyari, group managing director of Nigeria National Petroleum Corporation, NNPC, has clarified the recent price surge. He said the recent oil price...

By ADEBAYO OBAJEMU French oil and gas giant, Total’s Egina will bear the largest burden of cuts as Nigeria makes an effort to achieve full compliance...

By ADEBAYO OBAJEMU Nigeria has committed to making additional oil output cuts from July to September, the Petroleum Minister, Timipre Sylva said on Saturday. In a...

Adebayo Obajemu French oil and gas giant , Total’s Egina will bear the largest burden of cuts as Nigeria makes effort to achieve full compliance with...

OPEC kingpin Saudi Arabia and non-OPEC leader Russia said Monday that the success of the energy alliance’s latest production cuts relies on all members complying with...

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+ have agreed to extend the 10-million-barrel-per-day (mbd) first phase of the oil output...