NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories ...

Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by ...

At the centre of this transformation is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and has already started reshaping West Africa’s fuel trade.

Rather than send a message about the past, Lavrov’s sweatshirt served as a reminder of the future playbook: bankrupt Russia, and President Trump using his “American Energy Dominance” agenda can do ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country is on track to achieve a crude oil production ...

At the forefront of Africa’s refining expansion is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and is already reshaping regional fuel trade dynamics. Further developments ...

Angola’s crude production slipped below 1 million barrels a day in July, marking the lowest level since March 2023. ・Angola's ...

Sky-high US tariffs are prompting India and Brazil to explore opportunities to boost oil trade, as New Delhi looks for ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has completed a case-by-case review of the marginal fields ...

Cenovus Energy is buying rival MEG Energy for 7.9 billion Canadian dollars, about $5.68 billion, the latest consolidation move in Canada's oil patch as producers bulk up in the country's vast ...

US aviation giant Boeing is in talks to sell up to 500 aircraft to Chinese companies, Bloomberg News reported on Thursday, citing sources ...