- Sunday, June 14, 2026
BusinessDay
Stakeholders in the Nigerian oil and gas industry have raised concerned about the seemly insensitivity of government in respect of...
A $36.8bn expansion of the Tengiz oilfield in Kazakhstan, the largest investment by private sector oil companies this decade, has...
Despite the naira free-float policy by the federal government, previously fixed at around Naira 197, foreign exchange scarcity for petroleum...
The successful completion of the $5.4 billion Panama Canal expansion project, which will reduce travel time and lower costs for...
Akwa Ibom State government wants gas flaring to be put to an end, as hopes of cleaning the oil region...
Oil fell below $50 a barrel on Tuesday as concern about a potential slowdown in economic growth that would sap...
OPEC’s crude production increased by 240,000 barrels a day in June to 32.88 million as Nigeria raised output following repairs...
Oando plc has announced a $210 million recapitalisation of its downstream operations by HV Investments II B.V (HVI), a joint...
Oil price rallied to above $50 a barrel Monday morning following comments from the Saudi energy minister that the market...
The group managing director of Obijackson Group, which also has Nestoil as its subsidiary, Azudialu-Obiejesi, has cited political risk, difficulties...
Lekoil has issued an update on the progress of various studies of the PL 310 block offshore Nigeria, which includes...
Eight illegal refineries and 53,640 litres of adulterated Automotive Gas Oil (AGO) were between last May and June destroyed or...
Oil prices eased on Friday as the market’s focus returned to oversupply as production from Nigeria and Canada revived, and...
The Minister of State for Petroleum, be Kachikwu, has assured of transparency in the sale of Nigeria’s crude oil saying...
National Union of Petroleum and Natural Gas Workers (NUPENG) and Rivers State government are perhaps close to a truce over...
