The high cost of petrol in oil-producing countries is the result of a combination of market forces, policies, and economic factors.This elevated cost of petrol, or Premium Motor Spirit (PMS), can be ...

Tullow Oil’s share price continued its long-term slump on Friday, hitting its lowest level in more than four years following ...

Libya's National Oil Corporation (NOC) will focus on raising its output and transparency, new acting chairman Massoud Suleman ...

Kenya’s “Boda Girls” are turning a male-dominated industry upside down. Their favored customers are pregnant women needing ...

After a lengthy shutdown, South Sudan's oil is flowing again. But experts question whether the resumption of production will end the nation's economic struggles.

The rand and oil prices are trading much higher than in December, leading to the under-recovery. South African motorists have ...

Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) ...

The chief executive of Canada's Reconnaissance Energy Africa, ReconAfrica, said that the company has discovered oil in its ...

Students and workers in Serbia in ongoing protests after rail building collapse kills 15, prime minister resigns; Iranian oil, gas and petrochemical casual workers protest to demand an end to job ...

Canada's Reconnaissance Energy Africa (ReconAfrica) has found indications of oil at its Naingopo onshore exploration well and ...

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