Saudi Arabia, Russia to Continue Additional Voluntary Oil Cuts

Major oil exporters, Saudi Arabia and Russia, have confirmed that they would continue their additional voluntary…

Brent Oil Hits $90 Amid Israel-Hamas Conflict

Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…

OPEC Criticises Call to Halt New Oil Project Investments

The General Secretary of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has criticised calls…

Oil and Gas Production to Increase in Few Months –NUPRC

The Nigeria Upstream Petroleum Regulatory Commission has said oil and gas production in Nigeria will increase…

Oil Prices Decline Amid Supply Concerns 

  The oil market saw a 1 per cent decline in prices in the Asian trading…

Petronas Sells Chad Oil Assets to Government

Petronas has sold its oil assets in Chad to the African nation’s state oil company after…

UK Oil & Gas Firm Enters Angola

Following a sale and purchase agreement (SPA) from July 2022, Afentra announced the receipt of approval from Angola’s Ministry of…

Oil Drilling Begins at Chinese-run Field in Uganda

A spokesman for Uganda’s energy and mineral development ministry, Solomon Muyita, spoke to The Associated Press…

Shell Makes New Oil Discovery in Namibia

Shell has reportedly made another significant discovery of hydrocarbons, the leading oil and gas components in…

Keystone Oil Pipeline Shutdown due to Oil Spill

On Sunday, Canada’s TC Energy said it had not yet determined the cause of the Keystone…