- Monday, June 08, 2026
BusinessDay
The Senate Finance Committee has proposed cutting the oil price benchmark in the 2015 budget to $52 a barrel from its...
UK’s dependence on imports of jet fuel is increasing at an accelerated pace as domestic refining capacity continues to dwindle...
Data from the US Energy Information Administration (EIA) in 2010 reveal that 16 of the 54 countries in Africa are...
Egypt has agreed on preliminary deals with Kuwaiti companies for the establishment of petrochemical projects worth $6.8 billion, the government...
Ecuador’s President Rafael Correa said on Tuesday he agrees with a proposal for OPEC to call an extraordinary meeting, describing...
A US judge rejected BP Plc’s attempt to reduce the maximum civil fine it could face for its role in the...
Brent crude oil rose towards $61 a barrel as expectations of falling US rig count numbers outweighed concerns about oversupply....
Against the backdrop of a slowing economy and increased insecurity, Forte Oil Plc, a major Nigerian marketer of refined petroleum...
Seven Energy International Limited, an indigenous Nigerian oil and gas development, production and gas distribution company, has emerged as the...
The Central Bank of Nigeria (CBN) has directed all authorised dealers that proceeds of oil and non-oil exports are to...
Going by the wave of reforms in the Nigerian oil and gas sector, demand for domestic gas is expected to...
The oil price plunge, from as high as $115 per barrel in mid-June 2014 to as little as $45.19/b in...
According to NNPC’s latest released monthly petroleum information, Natural Gas Liquid (NGL) production reached 1.1 million metric tonnes as at...
The World Bank has set aside more than $1billion in risk financing to back the use of flared gas from...
French energy company Total will cut investment and jobs this year and accelerate its asset sales programme after taking a...
