A BlackRock Inc.-led group signed an $11 billion lease deal involving Saudi Aramco natural gas facilities as the state ...

This means that the country surpassed OPEC's target for the second month in a row. The report said the production figures were obtained through direct communication with Nigerian authorities. OPEC ...

A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

Strong summer demand for driving fuels has provided some support to markets, but IEA data indicates inventories are already tipping into oversupply, with world oil stocks reaching a 46-month high in ...

After weeks of anticipation, careful nominations, and thorough judging, the wait is finally over.. Shortlist Announced for Oil & Gas Saudi Awards. . News.

This is an audio transcript of the FT News Briefing podcast episode: ‘Opec pops US shale’s balloon’ Marc Filippino Good morning from the Financial Times. Today is Thursday, ...

Nigeria’s crude oil production in July exceeded its quota by the Organization of Petroleum Exporting Countries (OPEC), according to the Monthly Oil Market Report (MOMR) of OPEC published on Wednesday.

Saudi Arabia currently has more than 230 active drilling rigs operating across the country, according to data released by ...

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

A surge in global oil production led by Saudi Arabia will start to collide with increasingly weak demand, particularly in ...

Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...