By bnm Tehran bureau Iran topped global crude oil production growth in 2024, increasing output by 374,000 barrels per day (bpd) to achieve a 13% rise, according to OPEC's latest statistical bulletin.

The Organization of the Petroleum Exporting Countries (OPEC) announced on Thursday that oil demand is expected to rise by approximately 19% to reach around 123 million barrels per day (bpd) by 2050.

The President of Dangote Group, Alhaji Aliko Dangote, has stated that Nigeria’s state-owned refineries in Port Harcourt, ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Stock markets tracked U.S. stock futures lower early on Friday after Wall Street notched fresh record highs in the previous session. Trump Threatens 35% Tariff on Some Canadian Goods The new tariffs ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Oil Snaps Winning Streak As Oversupply Concerns ...

President Donald Trump has been sending letters to countries outlining higher tariffs they'll face if they don't make trade ...

Bharat Petroleum Corporation Ltd (BPCL) will shut a crude unit at its 156,000 barrels-per day (bpd) Bina refinery in central India for 15 days of maintenance from August 11, its executive director ...

The President of the Dangote Group, Aliko Dangote, has cast serious doubt on the likelihood of Nigeria’s state-owned ...

Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over two years.

The Minister of Solid Minerals Development, Dr. Dele Alake, has called for a harmonized and transparent mineral resources ...