Mexico lowered its estimate for average crude oil production for this year by 129,000 barrels per day (bpd), citing a ...

Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

Nigeria’s oil production faces a fresh crisis as host communities in Bayelsa State’s coastal region have issued a 14-day ultimatum to NNPC Exploration & Production Limited, threatening to shut down ...

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Mexico is implementing new secondary laws that shift the energy sector back to state control, prioritizing Pemex and CFE over ...

Nigerian President Bola Ahmed Tinubu has appointed Bayo Ojulari, a former Shell executive, to head the state-owned oil firm ...

Nigeria's president has appointed Bayo Ojulari - a former Shell executive - to lead the state-owned oil company, as part of ...

Despite global efforts to transition towards renewable energy sources, oil continues to play a pivotal role in the global economy. Octa Broker, a broker with globally recognised licenses, discusses ...

The policy also offered a rebuke of the progressive-led green energy agenda. One of the earliest acts of the new ...

Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing ...

Japan Vietnam Petroleum Company has signed the essential agreement with the Vietnam government that enables it to continue ...