Nigerian crude prices rose on Monday after Ukraine stepped up attacks on Russia, fanning concerns that Russian oil supply could ...

Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil ...

Crude oil prices are following Chinese growth with a one-year lag, and the same holds good for prices of corn, soyabean and ...

Trump has also targeted Brazil with a 50 per cent tariff over what he has termed as a “witch hunt” against former Brazilian ...

China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more than $1 billion in a project to produce 60,000 barrels per day of crude oil by end-2026, an ...

Asharq Al Awsat Iraq has raised its oil refining capacity to 1.3 million barrels per day from 1.1 million bpd in 2024, the prime minister's office said in a statement on Sunday.The OPEC member aims to ...

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 ...

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

BNY Mellon Natural Resources Fund (Class A at NAV) returned 3.46% during the second quarter of 2025. Read more here.

Everyone in the energy business spends some time thinking about future oil prices. Up. Down. Flat. Regardless of the direction, price changes impact oilfield spending and activity. Given the ...

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...