Libya’s state National Oil Corporation (NOC) reported yesterday that its joint venture operating company, Mellitah Oil and ...

In 2021, Elumelu invested over $1.1 billion to acquire a 45% stake in the OML 17 oil drilling asset, a venture in which Shell ...

South Sudan’s energy sector is undergoing a transformative phase, marked by strategic agreements focused on developing export routes, boosting refining capacity and expanding midstream infrastructure.

The government is currently focusing on conducting upstream oil and gas exploration in the eastern region of Indonesia, ...

Indian equity benchmarks surged on Wednesday after the Reserve Bank of India changed its monetary policy stance to “neutral”.

The National Oil Spill Detection and Response Agency, NOSDRA, has topped Nigeria’s Transparency Index for 2024 with Nigerian Investment Promotion Commission, NIPC and Development Bank of Nigeria, DBN, ...

Globally, around 50 billion cubic meters (BCM) per year of natural gas contracts were inked with upcoming, or post-Final ...

By John Lee. The Iraqi Drilling Company (IDC) has successfully completed drilling two oil wells, one in the East Baghdad South field and another in the Bazargan South field (part of the Maysan fields) ...

Instead of running government-owned refineries, the NNPC should invest in regional refineries, according to the Minister of ...

Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has denied directing the Nigerian National Petroleum ...

Major oil marketers are to begin the direct purchase of Premium Motor Spirit, popularly called petrol, from the Dangote ...

Nigeria will settle crude sales to Africa’s newest and biggest oil refinery using the local currency’s rate in its ...