- Monday, June 08, 2026
BusinessDay
Brazil produced more than 3 million barrels of oil and equivalent natural gas a day (boepd) for the second straight...
Russia’s Lukoil oil company may leave almost all of its projects in West Africa as it has made no large...
Russian oil output was broadly unchanged in February; at 10.65 million barrels per day (bpd), as a rise in production...
The House of Representatives on Thursday adopted N4.4 trillion expenditure for 2015 fiscal year, warning against job cut. The House...
Joseph Dawha, group managing director, Nigerian National Petroleum Corporation (NNPC), has raised hope that the nation’s refineries will be back...
Governor Babatunde Fashola of Lagos State says that the Lekki refinery being undertaken by the Dangote Group in Lagos would...
The Federal Government’s desire to ensure active participation of indigenous firms in the nation’s oil and gas sector has continued...
Debt-laden oil producer Afren Plc has defaulted on its 2016 bonds after declining to make a $15 million interest payment...
Oil prices seem to have stabilized around the $60 per barrel but the signs that the prices will head downwards...
As part of an International Monetary Fund (IMF) bailout plan reached with government, subsidies on petroleum products totaling GHS50million are...
Asian LNG demand is expected to rise by 7 percent to 187 million tonnes this year before falling 2 percent,...
The Federal Government on Tues- day paid N100 billion out of the N185 billion it claimed it owed oil marketers...
The Federal Government’s plan to launch cylinder project which would enable Nigerians buy cheap cylinders is aimed at increasing consumers’...
Atlantic natural gas markets are seeing some of the biggest price swings in years as volatile European trade, freezing US...
Crude oil has posted first monthly gains since June, 2014 supported by an improving demand outlook and supply outages. On...