Nigeria's crude oil production has again exceeded the quota assigned to it by the Organisation of Petroleum Exporting ...

The Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, ...

Speaking to Argus Media, NNPC’s Group Chief Executive Officer, Bashir Ojulari, said the country’s current crude oil output is ...

West Texas Intermediate (WTI) Oil price extends its losing streak for the fourth successive day, trading around $65.30 during ...

Opec oil output rose in June, led by Saudi Arabia after an Opec+ agreement to raise production. Opec pumped 27.02 million ...

Geopolitical tensions and rising OPEC+ output keep oil and natural gas markets volatile as traders assess shifting ...

Nigeria is preparing to seek a 25 per cent increase in its crude oil production quota from the Organisation of Petroleum Exporting OPEC ...

The Spanish government announced a €200 million ($232.03 million) financial package to bolster its investments in Mauritania, along with the launch of ...

Africa is repositioning itself in the global oil market – not merely as a supplier to international markets, but as a rising energy consumer and industrial growth hub. The newly released OPEC World ...

VIENNA: The Organization of the Petroleum Exporting Countries (Opec) announced on Wednesday a significant increase in oil ...