Papua New Guinea's state-owned oil and gas company has acquired new seismic data over two onshore gas discoveries as an ...

The Chief Executive Officer of the Nigeria Economic Summit Group, Dr Tayo Aduloju, has stated that the guarantee to achieve crude oil production target of 2.2 million barrels per day will heavily ...

Under the Administered Pricing Mechanism (APM), natural gas price has increased to $6.75 per million British thermal units, ...

Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the ...

Oil will likely fall to the low $60-a-barrel range — levels last seen in 2021 — as markets remain oversupplied, Macquarie ...

In a significant change to regulations, oil and gas regulator PNGRB has proposed a new policy of how tariffs for pipelines ...

Crude oil prices have slumped about 15% over the past year. That has pushed West Texas Intermediate (WTI), the primary U.S.

The Chief Executive Officer of the Nigeria Economic Summit Group, Dr Tayo Aduloju, has warned that Nigeria’s ability to meet its crude oil production target of 2.2 million barrels per day depends on ...

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to ...

(Bloomberg) — Turkey is showing signs of diversifying its crude supplies — including importing Brazilian oil — after its largest refiner moved to restrict purchases of Russian barrels in the wake of ...

An oil spill in northwestern Ecuador has turned a river black, prompting authorities to declare an environmental emergency and order residents to ration drinking water. The spill, believed to have ...

Oil production figures released by the Nigerian Upstream Petroleum Regulatory Commission showed that the country’s crude production fell to approximately 1.47 million barrels per day in February ...