News

Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field ahead of a U.S.-imposed May 27 deadline to ...
Iraq’s oil exports to the United States reached 136,000 barrels per day last week, representing a decline of 31,000 barrels ...
Oil price drop is biting exporters disproportionately with Nigeria and other oil export dependent economies taking the heat.
President Donald Trump is taking credit for Venezuela’s mounting financial crisis, attributing the Nicolás Maduro regime’s ...
According to the OPEC Secretariat statistics, the price of the OPEC basket of twelve crudes, made up of several African ...
Sector players are relatively upbeat despite current market turmoil caused by U.S. President Donald Trump’s constantly ...
NUPRC has reported that Nigeria’s oil reserves dropped to 37.28bn barrels while gas stock rose to 210.54TCF in 2025 ...
Venezuela has reportedly halted exports of previously loaded crude to the US on two Chevron-chartered tankers following US ...
U.S. sanctions have only entrenched the Maduro regime and opened up Venezuela to Russian and Chinese penetration.
Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron to load and export Venezuelan crude in April, three sources with knowledge of the ...
(Reuters) - Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus at the country's ...
The Trump Administration has revoked licenses for Shell and BP and their partners to operate natural gas projects offshore ...