Crude rebounds after election-driven sell-off as Iran reports three more vessels damaged; attacks on Gulf shipping continue at near-record pace...
WPC Energy has welcomed the Chad into its global membership, marking a step towards strengthening its engagement with African oil-producing nations and supporting international cooperation in the energy sector....
Seven Opec+ countries have agreed to maintain their September 2026 required production levels for December, reaffirming their commitment to supporting stability in global oil markets....
Saudi oil giant Aramco has announced that one of its key units has acquired a 49% stake in Humain, an artificial intelligence company owned by the kingdom’s sovereign wealth fund PIF, in a deal aimed at accelerating the company’s growth and its plan to deploy 3 gigawatts of AI data centre capacity by 2030. ...
Oil prices declined on Thursday, reversing some of the previous session’s gains, as renewed diplomatic efforts to end the conflict involving Iran tempered concerns over potential supply disruptions amid continuing Houthi attacks in the region....
Brent crude climbed above $115 a barrel on Wednesday as continued Houthi attacks on Saudi Arabia renewed concerns over potential disruptions to Middle East oil supplies, reversing some of the previous session’s losses as diplomatic efforts to ease regional tensions continued....
Eni has completed the sale of its Nigerian subsidiary, Agip Energy and Natural Resources to Apex Global Energy, a company wholly owned by Sterling Oil Exploration and Energy Production Company....
ADNOC Drilling reported record revenue of $3.7 billion and net profit of $1.07 billion for the first nine months of 2026, as it launched its Drill-to-Operate strategy to expand services across the well lifecycle and diversify revenue streams....
South Africa’s Adroit Technologies and Nigeria-based Aril Technologies are strengthening operational safety, efficiency and regulatory compliance in Nigeria’s oil and gas sector through the deployment of advanced supervisory control and data acquisition (SCADA) technology....
