Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

An online meeting of the OPEC+ group called the Joint Ministerial Monitoring Committee also changed the list of consultants ...

The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, have reaffirmed commitments to monitor ...

Good afternoon and happy Monday, readers! In today’s Daily on Energy, we examine how President Donald Trump’s imposed tariffs ...

OPEC’s JMMC welcomed on Monday the improved conformity of Kazakhstan and Iraq, including the additional voluntary output reductions.

ABUJA – Organisation of the Petroleum Exporting Countries (OPEC) has officially replaced Rystad Energy and the U.S. Energy Information Administration (EIA) with Kpler, OilX, and ESAI as secondary ...

OPEC+ member countries kept their oil production policy unchanged, during the 58th Meeting of the Joint Ministerial ...

Alexander Novak noted that OPEC+ ministers at the meeting had stressed the commitment and correctness of the alliance's efforts to balance the market and coordinate actions ...

An OPEC+ panel on Monday reaffirmed the oil cartel's plan to gradually hike output starting from April, after US President Donald Trump called for lower prices.

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

MOSCOW. Feb 3 (Interfax) - The OPEC+ Joint Ministerial Monitoring Committee (JMMC), which is co-chaired by Russia and Saudi Arabia, has decided not to change the current oil production policy, OPEC ...

The final communique noted that the OPEC+ countries, which adhere to the voluntary cuts, have paid attention to ensuring the stability of the oil market through these measures ...