Subsidy gulps Nigeria’s oil income as Norway reaps profit
While some of its peers including Abu Dhabi National Oil Company (ADNOC) and Norway’s Equinor have reported bumper profits, the...
- Monday, June 22, 2026
BusinessDay
While some of its peers including Abu Dhabi National Oil Company (ADNOC) and Norway’s Equinor have reported bumper profits, the...
There is a surge in global offshore oil exploration this year, but Nigeria, which recently lost its status as Africa’s...
India-based energy provider Husk Power and mobile phone operator Hotspot Network said they would combine their smart solutions to bring...
The Nigerian National Petroleum Company (NNPC) Limited and its other major partners lost over $1.068 billion in the month of...
One year after a new law came into force, the Nigerian oil and gas industry is still struggling to shake...
The United States shale oil producers could face more than $10 billion in hedging losses this year even as crude...
At a time Europe is seeking to pull the plug on Russian gas in the wake of Moscow’s war with...
Andi Daze, a managing partner at Andi Daze Legal, a law firm located at the heart of Nigeria’s Federal Capital...
After years of dabbling, major international oil companies are finally planning the kind of large-scale investments that would make offshore...
Clean energy is gaining momentum as several countries are intensifying their climate change policies with a target to go carbon-neutral...