- Wednesday, July 01, 2026
BusinessDay
In a first coordinated move to counter a slump that has pummeled economies, markets and companies, Saudi Arabia and Russia...
Seven Energy International Limited has secured $100 million of new equity capital. This is comprised of $50 million from existing...
Brent settled lower after data showing US crude inventories rose to record highs overshadowed production freeze plans by oil major...
The current slump in oil prices can be a blessing in disguise if Nigeria can take advantage of the opportunity...
ExxonMobil added 1 billion boe of proved oil and gas reserves in 2015 for a total of 24.8 billion boe...
Reform in the oil and gas industry should not be an end goal for Nigerian development. Rather it should be...
Global oil market sentiments have become increasingly more positive amid speculation that a production freeze by some OPEC members and...
Niger Delta Development Commission (NDDC) has called on youths in the Niger Delta to protect oil and gas pipelines in...
Nigeria backed Saudi Arabia and Russia in freezing oil production while giving Iran and Iraq a way out to regain...
US drillers have cut oil rigs in operation to the lowest level in more than six years amid a protracted...
Emmanuel Ibe Kachikwu, minister of state for petroleum resources and group managing director of NNPC, on Thursday said that the...
House Committee on Petroleum Resources on Thursday queried the N30.570 billion overhead cost proposed by Department of Petroleum Resources (DPR)...
The projection by Nigeria to hit 3 trillion standard cubic feet per day (scfpd) of gas supply by 2020 may...
At the recent hearing by the Senate Committee on Gas Resources, Permanent Secretary, Federal Ministry of Petroleum Resources, Jamila Shuaru’s...
Despite the falling oil price in the international market and internal challenges which include non-passage of PIB, current administration’s priorities...
