The Organisation of the Petroleum Exporting Countries (OPEC) has said that the activities of the Dangote Refinery ...

Even with the fluctuating and uncertain conditions in the energy market, upstream companies are experiencing substantial ...

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, announced that as of January 7,2025, the Company had fully repaid senior secured ...

Discover Viper Energy, a top choice for income-focused investors with its royalty-based model offering up to a 7% yield in a ...

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.

British energy giant BP announced Thursday that it would slash 4,700 staff jobs, or 5% of its workforce, and cut thousands of ...

As more drilling locations in the Permian are now in the hands of large listed firms, investor demands for high returns trump ...

Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...

Niger Delta Community Youths Association has called for a fresh licensing bid that would ensure that 40% of Nigeria's oil bloc ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...