The Organization of Petroleum Exporting Countries (OPEC) and its allies have agreed to increase the oil production quota by 188,000 barrels per day ...

The Nigerian Navy has intercepted a vessel carrying 682.82 metric tonnes of suspected stolen petroleum products, including 650 metric tonnes of crude oil ...

The Nigerian navy has arrested 12 crew members and seized a vessel identified as MT FILIA in connection with crude oil theft at ...

Nigeria has become the first member of the Organisation of the Petroleum Exporting Countries (OPEC) to be admitted as an associate member of ...

Former minister of petroleum resources, Diezani Alison-Madueke, has been cleared of all bribery charges brought against her by British prosecutors after a jury ...

Nigeria has again failed to meet its 1.5 million bpd crude oil production quota approved by the Organization of the Petroleum Exporting Countries ...

The United Arab Emirates (UAE)has announced its withdrawal from the Organisation of Petroleum Exporting Countries (OPEC). It is also withdrawing from the global ...

Former Nigeria’s Minister of Petroleum Resources and one-time President of the Organisation of Petroleum Exporting Countries, OPEC, Diezani Alison-Madueke, on Tuesday denied allegations ...

Former OPEC president and Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, appeared in a London court in the United Kingdom, UK, on ...

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced that the federal government has cleared oil field development projects valued at roughly $20 ...