- Monday, June 15, 2026
BusinessDay
When OPEC reached a deal last year to cut oil output, the decision to exclude Nigeria and Libya from the...
Royal Dutch Shell has again postponed final investment decision on $12billion Bonga South West/Aparo development as the global energy giant looks...
Nigeria’s international crude market may shrink further as South Africa; the country’s fifth largest buyer resumes purchase of Iran’s...
Stakeholders in the Nigeria oil and gas industry has advocated for a renewed push for oil and gas operations to...
The Supreme Court has ruled that the decision of the Federal Government to void the allocation of Oil Prospecting Licences...
International oil companies (IOCs) operating in the country have pledged to collaborate with the Nigerian Content Development and Monitoring Board...
The two most powerful men in the world oil market appeared together in Houston on Tuesday to tell the...
The Nigeria Liquefied Natural Gas (NLNG) has been described by Lai Mohammed, Minister of Information and Culture as the country’s...
Some oil and gas stakeholders on Wednesday commended the Federal Government for its economic recovery plans to boost Nigeria’s oil...
There are fears that crude oil output recovery from Nigeria and Libya could complicate OPEC’s attempt to accelerate oil market...
Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The...
Oil prices collapsed last night to a six-week low of $53.98 a barrel after reports emerged that US crude stockpiles...
Opec once decried hedge funds as a malign influence on the oil market. Now it is seeking their opinion....
In 1998 during the regime of Sanni Abacha, Dan Etete, oil minister allegedly awarded Oil Prospecting License 245 to himself...
Going by the soundbites coming from the state oil company, the Nigerian National Petroleum Corporation, it seems that they are...
