Nigeria experienced a significant decline in crude oil production to 1.25 million barrels per day (bpd) in May 2024, according…
Saudi Arabia said on Monday it was extending a voluntary oil production cut of one million barrels per day, and…
Russia’s top energy official said Monday that Moscow will voluntarily cut oil exports by 500,000 barrels per day, building on…
Late Dr. Muhammed Barkindo The Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Barkindo, is dead. Mallam Mele…
Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after…
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the…
The Republic of the Congo has suffered dearly during the oil collapse; and Congolese President Denis Nguesso has pledged that…