Bharat Petroleum Corp (BPCL) posts a 141% YoY surge in Q1FY26 net profit to Rs 6,839 crore, driven by higher sales and ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...

The order, issued at Wednesday’s Federal Executive Council (FEC) meeting in Abuja, covers the Federal Inland Revenue Service ...

Gulf Keystone Petroleum announced on Wednesday that it restarted oil production at the Shaikan oilfield in the Kurdistan region of Iraq.

Amber Energy, an affiliate of New York-based investment firm Elliott Investment Management, has submitted a last-minute bid ...

NLC has made a case for an adequate crude oil supply to the 650,000 bpd Dangote Petroleum Refinery by the NNPC. The NLC says ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

President Bola Tinubu has ordered a comprehensive review of all deductions and revenue retention practices by major revenue-generating agencies.

The Nigerian Insurance Industry Reform Act 2025 mandates insurance for gas stations and public buildings, with penalties for ...

Amber is an affiliate of prominent activist investment firm Elliott Management.

Energy and Petroleum Cabinet Secretary Opiyo Wandayi has dismissed concerns that the sale of Kenya Pipeline Company (KPC) will cause fuel price instability.Responding to the National Assembly during ...

The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...