The recent steep increase in the price of Premium Motor Spirit, often known as gasoline, may exacerbate the financial hardships of Nigerians in a few days.

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape ...

While tariffs could risk a global slowdown, a powerful group of oil producers still thinks the world needs more crude. The Organization of the Petroleum Exporting Countries and its allies, known as ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

China said it would hit all U.S. goods with an additional 34% tariff starting Thursday, matching the level of the White House's latest tariff on Chinese imports. Beijing also put controls on more than ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

The Khor Mor plant operated by the companies provides the fuel for around 75% of the KRI’s electricity generation ...

The completion of these three acquisitions in Europe, North America and Africa will contribute to our targets of 35 GW of ...

Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman — confirmed an accelerated crude oil output increase ...

Wood Mackenzie has warned that 101 refineries, representing 21% of global capacity, face shutdown risk due to rising carbon ...

Crude oil plunged by the most in nearly three years as concerns about weaker demand due to tariffs were exacerbated by the ...

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March sales volumes of 2,580 boepd, including natural gas sales of 14.5 MMcfpd, associated natural gas liquids sales from condensate of 146 ...