NUPRC under Gbenga Komolafe earned praise for boosting transparency, enforcing the PIA, and fostering community trust in Nigeria’s oil and gas sector.

Experts and civil society representatives have commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for driving transparency in the implementation of the Petroleum Industry Act ...

Russia's oil and gas revenue fell 33.7% year-on-year in June to 494.8 billion roubles ($6.29 billion), its lowest since January 2023, finance ministry data showed on Thursday, amid weak oil prices ...

Zhang Chuanjiang appointed chairman of China National Offshore Oil Corporation (CNOOC) and its Hong Kong-listed subsidiary CNOOC Ltd, replacing Wang Dongjin, who retired last month.GTC Vorro ...

Pakistan’s Oil & Gas Development Company Limited (OGDCL) has discovered hydrocarbons with its Faakir-1 wildcat on the Bitrisim exploration licence in Khairpur district in Sindh province. Faakir ...

Activity in the U.S. oil and gas sector in Texas, Louisiana and New Mexico contracted slightly in the second quarter of 2025, the Dallas Fed survey showed on Wednesday, as firms grappled with a ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time since July 2020, energy services firm Baker Hughes said in ...

New Mexico is next, with 8.925 billion barrels of undiscovered oil, followed by Nevada, with 1.4 billion barrels. Untapped gas reserves on federal land were estimated at over 391.55 trillion cu ft.

California’s former insurance commissioner wants oil and gas companies to pay for the home insurance crisis Over the past decade, insurers have dropped hundreds of thousands of homeowners statewide ...

Crude oil prices closed about 7% lower on Monday, according to CNBC. The nationwide average for a gallon of regular gas was about $3.22 as of Tuesday, according to AAA.

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.

Higher oil and gas prices are a “near certainty” after President Donald Trump ordered an attack on nuclear facilities in Iran, experts told CNN.