- Saturday, June 20, 2026
BusinessDay
Ministers at Organization of Petroleum Exporting Countries (OPEC) has recommended deeper output cuts of 500,000 in an attempt to prop...
Aiteo Eastern Exploration and Production, operator of OML 29, says the activities of oil thieves have assumed alarming proportions, leading...
Organisation of Petroleum Exporting Countries (OPEC) wants to deepen production cuts later this week to prevent looming oil glut next...
The House of Representatives has mandated the Committees on Treaties, Protocols, and Agreements, and Petroleum Resources (Upstream) to review all...
NigerStar 7, an oil and gas services operator, has acquired and reflagged additional two offshore construction vessels to boost its operations in the...
Natural gas is proving to be the only hydrocarbon source to increase its share in the global energy mix and the fastest-growing fossil fuel; this will see production double in Africa in the next two decades....
There are over $163billion worth of oil and gas projects lying fallow waiting for financing, government approval or some other trigger to bring them alive, says Gbolahun Elias, a senior oil and gas lawyer in Nigeria. ...
Companies that would operate profitably in Nigeria must seek out local partners to develop mutually beneficial relationship to be able to compete in Nigeria’s challenging oil and gas sector as well as any other sector, says Jejin Jeon, managing director of shipbuilder, Samsung Heavy Industries Nigeria (SHIN)....
Foreign investment into Nigeria’s oil and gas is still in its lowest ebb as inflow hit a low of $38.66 million in third-quarter 2019 which is still a sharp decline compared to $171.63 million recorded in Q3 2016....
President Muhammadu Buhari has submitted a new Finance Bill to National Assembly seeking to undertake a wide range of reforms in Nigeria’s tax laws aimed at stimulating economic growth and reducing the budget deficit as it shores up government’s non-oil revenue stream....
Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by...
President Muhammadu Buhari on Friday said the Federal Government would soon begin the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline,...
In an effort to further grow the Nigerian Liquefied Natural Gas (NLNG) in the country, the Group Managing Director of...
Small Mozambique is teaching Nigeria lessons on attracting badly needed private capital for development after it was announced that the...
ExxonMobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its...
