OPEC+ is adding more crude to the market after the Organization of the Petroleum Exporting Countries, Russia and other allies ...

By John Lee. Gulf Keystone Petroleum (GKP) has said that production operations have recently restarted at the Shaikan Field ...

The Court of Appeal, Abuja Division, has upheld the Nigeria National Petroleum Company Limited’s (NNPC Ltd) appeal against the Federal High Court’s April 2023 judgment, which annulled the removal of ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures ...

The Nigerian National Petroleum Company Limited has secured a major legal victory as the Court of Appeal in Abuja overturned a lower court judgment that reinstated Senator Ifeanyi Araraume as ...

The Assurance of Voluntary Compliance (AVC), signed by both parties, is believed — according to Paxton’s office — to be the first legally binding commitment by a major U.S. food manufacturer to ...

A 30-day halt in petroleum product imports can cripple Africa’s economies, grounding planes, immobilising trucks, plunging ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The fuel market has remained relatively steady recently compared to other energy markets. Are analysts expecting more of the ...

Mahjong is "the game of the sparrows," in reference to the chime that fills the room as players shuffle and clink their tiles ...

The order, issued at Wednesday’s Federal Executive Council (FEC) meeting in Abuja, covers the Federal Inland Revenue Service ...

Amber Energy, an affiliate of New York-based investment firm Elliott Investment Management, has submitted a last-minute bid ...