The CEO of the NMDPRA, Farouk Ahmed, says the ongoing instability in global oil markets is negatively impacting Nigeria’s ...

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

We recently published a list of the 10 Best Oil Stocks to Invest in According to Billionaires. In this article, we are going to take a look at where Marathon Petroleum Corporation (NYSE:MPC) stands ...

Global oil demand will grow at its slowest rate for five years in 2025 and U.S. production rises will also taper off, due to ...

It’s been just days since China responded to US tariffs with its own set of eye-watering levies, but one corner of the petroleum market is already in crisis as bilateral trade collapses between the ...

One of the oil market’s dirtiest fuels is giving many refiners’ margins a boost as the industry contends with a weaker demand outlook.

U.S. oil production will peak at 14 million barrels per day (bpd) in 2027 and maintain that level through the end of the decade, before rapidly declining, the U.S. Energy Information Administration ...

Petrobras has welcomed the Borr Drilling-owned jack-up rig Arabia I to start decommissioning activities at its maiden offshore field in Brazilian waters.