- Saturday, June 20, 2026
BusinessDay
There might be a new turn in sight as Russia pushes for a new OPEC+ deal to balance oil markets....
Costs of the three weeks old price and volume wars in the global oil market are growing for both Russia...
In response to virus-induced low oil demand, the world’s biggest oil companies are collectively slashing off an estimated $35bn in...
In compliance with the Federal Government’s directive on the COVID -19, the Management of the Nigerian National Petroleum Corporation (NNPC)...
Chevron Corporation today announced several steps it is taking in response to market conditions occasioned by the ravaging coronavirus also...
Each time oil prices crash below Nigeria’s budget benchmark, the argument to discard the country’s costly petrol subsidy resurfaces but...
Some parts of the economy are grappling with pandemic-driven shortages. The oil industry has the opposite problem, the global market...
Samsung Heavy Industries Nigeria (SHIN) says it has recorded another major milestone in its operation after obtaining approval to expand...
The Department of Petroleum Resources (DPR), Warri Zonal Office on money warned petroleum marketers against hoarding the product, assuring that...
As the coronavirus case begins to multiply, oil companies operating in Nigeria have decided to restrict business contacts across their...
Chevron Corporation today announced several steps it is taking in response to market conditions occasioned by the ravaging COVID-19. Recent...
Nigeria seems to be carving out front in the North Sea market covering the Norwegian sea by offering its crude...
A meeting of the full board of the Petroleum Products Pricing and Regulatory Agency (PPPRA) expected to proffer solutions to...
Seplat Petroleum Development Company Plc has released its audited results for the financial year ended December 31, 2019. The leading...
A storm of epic proportions is gathering in the oil market where storages are brimming and top producers test the...
