Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas ...

Oil companies rush for contracts to export Venezuelan crude to US after President Donald Trump's sanctions lift.

The Federal Government has issued licences to the NNPCL Exploration and Production Ltd. and Belema Sweet Export Terminal Ltd for establishment of crude export terminals. The licences were approved and ...

FOR those who never believe or see anything good in Nigeria, a first-of-its-kind crude oil export terminal that will change the narrative in the oil and gas sector is unfolding in the South-South ...

Port Harcourt — President Bola Ahmed Tinubu has inaugurated the $400 million Otakikpo Onshore Crude Oil Export Terminal in Andoni, Rivers State, Nigeria’s first new crude export facility in over five ...

 The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Wednesday announced the resumption of oil exports from the Bonny Crude Oil Export Terminal. Force Majeure is a legal clause ...

Kazakhstan’s crude and condensate production has fallen by 6% in December following a Ukrainian drone attack that damaged the ...

Millions of barrels of Venezuelan oil remain stuck as talks focus on US refiners capable of processing heavy crude.

Venezuelas oil exports have effectively come to a standstill after months of declining shipments triggered by sweeping U.S.

Russia’s crude oil production dipped to 9.326 million barrels (bpd) in December, down by over 100,000 bpd from November and ...

Oil prices are barreling toward their worst year since the Covid crash. A flood of non-OPEC supply and cooling demand has ...