The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory ...

The US Department of Energy on Friday said it would provide up to 1 million barrels of crude oil from the Strategic Petroleum ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

NNPC says sale of refineries not off the table as rehabilitation faces setbacks due to misaligned imported technology and aging infrastructure.

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

The potential sale of the refineries comes amid growing criticism of NNPC’s past spending. Although the facilities did not undergo full Turnaround Maintenance (TAM) in recent years, the National ...

The Nigerian National Petroleum Company Limited (NNPCL) has set 2028 as the target year for its listing on the stock ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

WASHINGTON - The Department of Energy on Friday said it is providing ExxonMobil with up to 1 million barrels of crude oil ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

The Nigerian National Petroleum Company Limited said the state-owned oil firm would continue to supply crude oil to Dangote Refinery on a commercially ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...