The active oil and gas rig count rose by 42 percent in May, increasing from 12 rigs in April to 17, while crude oil production exceeded...

Nigeria oil production hit a 15-month high in May 2026, topping its OPEC quota at about 1.7 million barrels a day as pipeline security improved.

The active oil and gas rig count rose by 42 percent in May, increasing from 12 rigs in April to 17, while crude oil production exceeded...