OPEC considers highest ‘historic’ production cut since COVID 19 pandemic
Nigeria and some of the world’s most powerful oil producers are reportedly considering their largest output cut since the start...
- Monday, June 22, 2026
BusinessDay
Nigeria and some of the world’s most powerful oil producers are reportedly considering their largest output cut since the start...
Since the Petroleum Industry Bill (PIB) was passed on July 1 2021 and its provisions made public, many conspiracy theories...
Despite flight shortages due to an acute shortage of aviation fuel, Nigeria’s biggest downstream firms are bracing the odds to...
Nigeria’s oil resources may be dwindling faster than expected, with promising fields turning up empty as seen in the latest...
The Nigerian National Petroleum Company (NNPC) Ltd has acquired the downstream assets of OVH Energy, the second largest downstream company...
The rising crude oil theft overwhelming Nigeria’s energy business is biting deeper as the volume of gas the Nigeria LNG...
With many global firms signed up to 2030 clean energy targets, more companies are turning to mergers and acquisitions to...
As big banks wind down hydrocarbon investment, some private equity firms that back oil and gas investments are recording an...
Nigeria’s petrol import bill jumped by 71 percent in the first half of this year compared to the same period...
The group executive director, upstream of the Nigerian National Petroleum Company Ltd, Adokiye Tombomieye, has said that the aggressive move...