News

Assam oil rig: ONGC caps leak but residents fear inhaling toxic fumes, fire risk The incident has affected at least 1,500 people from 350 families in the vicinity who were relocated to relief camps.
Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market oversupply and uncertain demand, despite Middle East tensions.
Egypt’s top oil and gas official held a meeting on Tuesday with Ades Drilling, the Saudi Arabian owner of a jack-up barge that capsized in the Gulf of Suez last week with fatal consequences, to ...
This article reveals five less-known yet highly influential oil companies that are significantly impacting global energy flows, regional alliances, and trade.
Egypt's top oil official reviews status of investigation into fatal rig sinking Minister of Petroleum Karim Badawi met with owners of rig and technical investigation committee Egypt's Minister of ...
North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil production rig has risen from eight in 2021 to 46 in July, 2025.Mr Gbenga Komolafe, Commission Chief Executive ...
Known for its high payouts to shareholders, Exxon Mobil Corporation (NYSE:XOM) has distributed more than $125 billion in dividends and buybacks over the last five years.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that its Project One Million Barrels, launched in October 2024, has led to an increase of 300,000 barrels per day (bpd ...
This study found that children living within 1.2 miles (two kilometers) of oil and natural gas wells at birth were two to three times more likely to be diagnosed with acute lymphocytic leukemia ...
By Precious Nwakama I’m tired of pretending this isn’t happening. In 2025, data isn’t just “the new oil” – it’s become our entire economy. But here’s the thing that keeps me up at ...