- Wednesday, July 01, 2026
BusinessDay
Brent and US crude futures settled at their lowest since March and posted their fourth straight weekly decline as weak...
The gap between world oil production and consumption grew even wider in the second quarter, adding to the largest supply...
Weakness in global oil benchmark Brent has prompted China to buy more crude from Africa. The question now is how...
BP’s second-quarter profit slumped by nearly two thirds from a year ago on Tuesday as it grappled with lower crude...
The National Emergency Management Agency (NEMA) in the South-South, has handed over relief materials to Delta Government for victims of...
Panoro Energy ASA, an independent E&P company with assets in Nigeria and Gabon, has commenced drilling on the Aje-5 production well on...
Workers in the oil and gas industry have raised concern over the continued inability of the Federal Government through the...
The World Bank has said that commodity prices are expected to remain weak in 2015, despite a slight rebound in...
A drop in oil prices this month is likely to be short-term and will not deflect OPEC from its policy...
Iranian oil has made a comeback following the landmark nuclear energy deal with world powers. Tehran and major powers, Britain,...
Experts gathered for a policy roundtable under the aegis of Centre for Petroleum Information (CPI) recently in Lagos to brainstorm...
Exxon Mobil, Chevron and Total have opted out of Mexico’s historic oil auction because the fields are too small. None...
Seven Energy has secured a $495 million loan from a consortium of Nigerian and international lenders to help fund its...
The global oil market should be more balanced next year as China and the developing world increase oil consumption while...
Nigeria’s state oil company NNPC has banned 113 oil tankers from the country’s waters, citing a directive from President Muhammadu...