Valaris Limited (NYSE:VAL) has been awarded two substantial contracts in the Gulf of America by Anadarko Petroleum, an ...

According to The Cable, on Sunday, NNPC retail outlets sold the product for as low as N910 per litre in Abuja. This means ...

Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...

Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...

OPEC+ has agreed to hike oil production by 5.48 lakh barrels per day (bpd) in August. This is significantly higher than the 4 ...

Labour Party presidential candidate in the 2023 elections, Peter Obi, has declared that he would not appoint himself Minister ...

Shell has said it expects lower trading and production results for its integrated gas division as the firm battles amid a ...

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

New York-listed drilling contractor Valaris has secured a 940-day contract extension for its drillship Valaris DS-16, ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

By AWAAL GATA There are moments in a nation’s history when a single bold decision rewires the entire system and restores ...