Moody’s Changes Nigeria’s Outlook to Positive, Affirms B3
Moody’s Ratings has changed Nigeria’s credit outlook from stable to positive while affirming the country’s B3 long-term foreign…
Opinion: Thanks to Ottawa, you’ll pay for Alberta’s new pipeline
Prime Minister Mark Carney and Alberta Premier Danielle Smith announced on Thursday, July 2, 2026, the submission of…
New Crude Streams Add 12M Barrels to Nigeria’s Output
Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced…
S&P upgrades Nigeria’s credit rating to ‘B’ amid reforms
S&P Global Ratings has upgraded Nigeria’s long-term foreign and local currency sovereign credit ratings to “B” from “B-”,…
Oil Sands Alliance Statement on Canada and Alberta Agreement
CALGARY, AB, May 15, 2026 /CNW/ – Today the Alberta and Canadian governments announced their bi-lateral agreement on the…
UAE’s Shock Exit Leaves OPEC Weakened and the Global Oil Order Rewritten
Before 1 May, the once-mighty Organization of the Petroleum Exporting Countries (OPEC) had 12 members, but with the…
OPEC Commits to Boost Output Once Hormuz Reopens
OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only…
U.S. Energy Dominance Agenda Can’t Shield Driver From Higher Gasoline Prices
The United States is the world’s biggest crude oil producer—it has been for years, and it has been…
Gulf Producers Slash Oil Output by 5 Million Bpd
The largest oil producers in the Middle East Gulf have deepened production cuts and are already lowering output…
‘Something [we’ve] been trying to understand for decades’
Material scientists in the Netherlands have whipped up a new compound that has the best qualities of both…
Global Upstream Capex Set To Fall Again In 2026 Amid Low Oil Prices
Last year, upstream oil investment was projected to have declined 2.5% Y/Y to $420 billion after low oil…
Baytex exits the U.S. in $3.25B deal, focuses on higher-return Canadian assets
CALGARY — Baytex Energy Corp. is turning its focus to Canada, announcing plans to divest its position in…