Today’s action continues Treasury’s campaign to cut off funding for the Iranian regime’s development of nuclear weapons and support of terrorist proxies,” said Treasury Secretary Bessent.

The trade sector contributed N40.71tn to Nigeria’s Gross Domestic Product in the first six months of 2025, signalling its growing weight in the economy as non-oil exports, gas sales, and refinery ...

The Dispatch reports on the Strategic Petroleum Reserve's dwindling levels and the need for clearer vision and utilization to ...

Engineering, geology and operating discipline can determine the success of oil and gas projects as much as the cost per ...

Washington declared an emergency after an Olympic Pipeline leak, but the airport’s operator and main airlines say flights are still running smoothly.

OVERVIEW: Oil prices are poised for a weekly loss of more than 3% after Ukrainian President Volodymyr Zelensky agreed to work on a U.S.-drafted peace plan. A deal would ease the geopolitical risk ...

What happened: The California Public Utilities Commission voted to allow Crimson California Pipeline LP to increase the rate ...

U.S. sanctions on Russia’s largest oil producers, Lukoil and Rosneft, have kicked in and are starting to test Moscow’s ...

Enterprise commissions Bahia NGL pipeline from Permian to Mont Belvieu; ExxonMobil to buy 40% and raise capacity to 1M bpd by 2027.

Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday.

Efficiency gains in the Permian, the largest U.S. oilfield and the engine of U.S. shale production, are getting harder to ...