A Nigerian court has ordered the temporary forfeiture a $37.5 million property belonging to the country's ex-oil...
Chad, one of the countries hardest hit by the drop in oil prices, announced that it would seek to diversify its economy...
Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude...
Sudanese Prime Minister Hassan Saleh announced a new government on Thursday, with changes to economic ministers...
World sport powerbroker Sheikh Ahmad al-Fahad al-Sabah announced his resignation Sunday from the FIFA council, saying...
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed...
The BBC has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast oil field...
Ms Alison-Madueke was described as being at large A former Nigerian oil minister and three election officials have been...
Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US...
Russian President Vladimir Putin was on Tuesday to host Iranian counterpart Hassan Rouhani for talks that will be...
Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world's biggest oil exporter...
OPEC compliance with oil output reductions has exceeded the target because of higher Saudi cuts, Kuwaiti Oil Minister...
The biggest names in the oil world come together this week for the largest industry gathering since the end of a...
Iraq's proven oil reserves have increased by 10 billion barrels to 153 billion, Oil Minister Jabbar al-Luaibi announced...
A court on Thursday ordered $153.3 million allegedly diverted by Nigeria's former oil minister Diezani Alison-Madueke...
A former head of Nigeria's state-run oil firm is under investigation after almost $10 million in cash was found at a...
The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on world...
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but...
Nigeria's former President Goodluck Jonathan did not receive kickbacks from a $1.3bn deal involving oil giants ENI and...