Says fiscal, regulatory environment to play central role in shaping performanceCoronation Group has projected that Nigeria's crude oil production will stabilise at between 1.7 million barrels per day ...

Despite the upward revision in demand, the IEA still anticipates a substantial surplus in the oil market next year. The agency now expects total world oil supply to exceed demand by 3.69 million bpd ...

In a statement published on the OPEC website Thursday, Secretary General Haitham Al Ghais said the concept of “peak oil demand” is nowhere to be seen in the cartel’s projections for future global ...

MOSCOW, March 13. /TASS/. Global oil demand is expected to grow by 1 mln barrels per day (mbd) on average in 2025, up from 830,000 barrels per day (bpd) in 2024, the International Energy Agency (IEA) ...

The Nigerian Navy has pledged full support for the Federal Government’s plan to achieve 2.5 million barrels per day of crude oil production by 2027, committing to intensified efforts against oil theft ...