WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...

Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC's monthly report after China's stimulus plan and oversupply concerns took the wind out of markets ...

NUPRC says the country’s crude oil and condensate output is expected to increase as plans are underway to open bids for ...

Kyari profiled NNPC as a proud part owners to the Dangote Refinery, explaining that the company saw an opportunity in the $20 billion refinery as a clear market for at least 300,000 barrels per day of ...

Drilling down into how Occidental Petroleum makes money. Occidental Petroleum is a more diversified energy company than many ...

The Department of Energy on Friday said it bought 2.4 million barrels of oil for the nation’s Strategic Petroleum Reserve, ...

Matrix Petroleum Services Limited, A.A. Rano Limited, and AYM Shafa Limited—have asked the Federal High Court in Abuja ...

Occidental Petroleum (NYSE:OXY) is scheduled to announce Q3 earnings results on Tuesday, November 12th, after market close. JP Morgan recently began coverage of Occidental (OXY) with a Neutral rating, ...

By John Lee. The Deputy Minister of Oil for Extraction, Mr. Bassem Mohammed Khudair, met with Mr. Fan Jianbang, CEO of the ...

Oil refiner Marathon Petroleum reported its third-quarter earnings on Tuesday, beating Wall Street estimates on ...

The federal government has charged petroleum engineers to devise sustainable solutions to critical challenges facing the oil ...

The United Arab Emirates has opened its annual oil-and-gas summit as it plans to increase energy output even as global prices ...