Nearly all the crude oil imported or produced in the U.S. is refined into petroleum products, including gasoline, diesel fuel and heating oil. The prices of U.S. WTI crude oil and international Brent ...

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...

Signs point to stable to lower crude oil prices in 2025 because global production is expected to easily keep up with ...

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.

The Shell Petroleum Development Company of Nigeria Ltd, SPDC, has urged the Federal Government to tackle crude oil theft and ...

Di Independent Petroleum Marketers Association of Nigeria (IPMAN) tok say dem don reach agreement wit Dangote Refinery to dey ...

A major US oil industry lobbying group is pushing for President-elect Donald Trump and the Republican-controlled Congress to ...

A total lodgement of US$840,765,266 was made into the Petroleum Holding Fund (PHF) as receipts for the first half of 2024 ...

The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...

The Nigerian Upstream Petroleum Regulatory Authority has announced plans to capture up to 250 million cubic feet of gas ...

The company said it will continue to power progress in the drive for energy security in Nigeria through its businesses in the upstream, midstream, downstream and renewable sectors.

Kyari profiled NNPC as a proud part owners to the Dangote Refinery, explaining that the company saw an opportunity in the $20 billion refinery as a clear market for at least 300,000 barrels per day of ...