The NNPC Limited and Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has announced a near-field oil discovery in western Niger Delta ...

An oil terminal Iran built to bypass the vital strait of Hormuz appears to have partially filled with crude — offering Tehran ...

Despite concerns about lower demand and rising non-OPEC supply, oil demand—particularly from China—remains resilient.

U.S. crude oil inventories fell unexpectedly last week as refineries raised their capacity use and a decline in imports ...

Global oil markets remain "adequately" supplied despite escalating tensions in the Middle East, the International Energy Agency said Tuesday, signalling that its member nations could act quickly to ...

South Korea's state-run oil developer said Tuesday it has picked an adviser for the exploration of potential oil and gas ...