- Tuesday, June 09, 2026
BusinessDay
Plans by Nigeria, Africa’s biggest oil producer, to review offshore production contracts signed with international oil companies two decades ago,...
That phase has a peak production capacity of about 50,000 barrels of oil equivalent, Shell said Monday in an e-mailed...
Hedge funds trimmed bullish oil bets for the first time in six weeks, losing faith in a swift recovery as...
Nigeria, Ghana and Gabon have the lowest fuel pump price in West African sub region. According to latest data on...
Over the years, the abundant crude oil in the country has been termed a curse owing to the fact that...
oil company chairman interrogated – official...
Nigeria’s energy sector has received a big boost as Mercuria Energy Holding SA, the world’s third largest independent energy trader...
Oil rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices...
Russia, the world’s top oil producer, is ready to meet with OPEC and non-OPEC oil producers to discuss the situation...
Shell Nigeria Exploration and Production Company (SNEPCo) has started production from the Bonga Phase 3 project. Bonga Phase 3 is...
Nigerian National Petroleum Corporation Retail Limited has sued Natural Network Petroleum and Gas Company Limited (NNPG) and two others over...
Eunisell Solutions has achieved a milestone of 100,000 plus man-hours without loss time incident on one of the nation’s marginal...
The collapse in oil prices has been a boon for the world’s refineries, boosting margins and the profitability of turning...
Over the last five years, the Nigerian Oil and Gas Industry Content Development Act (NOGICDA) has arguably been the single...
As Nigeria struggles to shore-up her revenue base because of falling oil prices, she is now being faced with another...
