The audit report details regulatory failures as well as disregard for due process and accountability standards.

The exports to the Middle East increased by 52% in December at 278,155 barrels per day compared to the previous month.

Former North Dakota governor Doug Burgum, an outspoken proponent of carbon capture, committed to making his state carbon ...

Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an ...

“Development Oil” is an approach to oil and gas governance that views these resources not merely as commodities for export and revenue generation, but as strategic assets for driving comprehensive ...

Today, a few refineries will sign Sales Purchase Agreements (SPAs) with the Petroleum Products Retail Outlet Owners ...

Reports stated that an anonymous source had claimed that a certain Bayo Ojulari was being proposed as GCEO of the NNPCL after ...

Brent crude was up 69 cents at $77.74 a barrel at 0954 GMT, while U.S. West Texas Intermediate crude climbed 87 cents to ...

Mangalore Refinery and Petrochemicals Ltd has entered into an agreement to store its crude oil in the caverns of the Indian ...

According to the CBN, it paid out $1.25 billion to oil industry participants between January and September 2024 to import ...

Marathon Petroleum (MPC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.