According to sources aware of the development, ExxonMobil, the United States' largest oil and gas company, is developing a bitcoin mining facility in North Dakota.Exxon has been working with Crusoe En...
Reports have shown that the Organisation of Petroleum Exporting Countries (OPEC) has indeed maintained steady crude oil production in December 2023, producing 28.05 million barrels per day (bpd).The r...
One of the key causes of what has become the biggest inflation in a generation has been energy expenses. The price of a barrel of U.S. benchmark crude oil just hit a seven-year high of $87 a bar...
The African Petroleum Producers Organisation (APPO) recently announced that it has decided to give funding of five billion dollars to the development of an African Energy Bank (AEB) to develop all oil...
According to the Federal Government (FG), the $35 million disbursement from the Excess Crude Account (ECA) is from June 2022 and is an advance payment for the purchase of brand-new Offshore Patrol...
Despite surpassing second-quarter profits on strong refining margins and trading, British oil major BP increased its dividend and increased share buybacks on Tuesday. The giant energy com...
Nigeria, the giant of Africa, is not only known for its vibrant culture and diverse population but also for its exceptional individuals who have amassed immense wealth through their entrepreneurial ve...
The energy sector is made up of stocks that are related to the production and supply of energy around the world. The sector comprises upstream firms that are involved in the exp...
A stimulus check of $100 is set to go out to citizens to help bear the burden of increased gas prices.The national average for a gallon of gas is about $4. This is a major hurdle, an unpleasant cost t...
Oil titan Royal Dutch Shell reported better-than-expected results in its third-quarter on Thursday. It also announced its plans to raise shareholders’ dividends.The oil giant reported adjusted earni...