- Monday, June 08, 2026
BusinessDay
Small oil-producing companies in Nigeria, facing slumping prices and rising debt, may need to combine to survive, the chief executive...
The recent surge in oil prices is just a “head-fake,” and oil as cheap as $20 a barrel may soon...
The Federal Government has disclosed its partnership with Chevron Nigeria on the mining and exploitation of bitumen in some parts...
PriceWaterHouse Coopers (PwC) in its forensic audit reports asked Nigerian National Petroleum Corporation (NNPC) and the Nigerian Petroleum Development Company...
Saudi Arabia, the world’s largest crude exporter, cut pricing for March oil sales to Asia, signaling that they are continuing...
US oil production will continue to increase this year but at a slower pace, due to companies continued investment in...
The North Caspian Operating Co. (NCOC) awarded Saipem a $1.8 billion engineering and construction contract to build two pipelines for...
Statoil deepened cost cuts and halted dividend growth as Norway’s biggest energy company struggles to withstand a plunge in oil...
Dana Gas, the Middle East’s leading regional private sector natural gas company, has announced a number of major milestones in...
Oil rallied again with benchmark Brent crude having its largest two-week gain in 17 years, as falling oil rig counts...
Oil prices are on the rebound as falling oil rig counts and violence in Libya helped further stall a selloff...
Norwegian oil firm Statoil has cut back on planned investments as annual profits were slashed in half in the wake...
As the economic impact of falling oil price spreads, the property market has been significantly impacted with rising vacancy rate...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that politicians and their followers owe to...
Strong indications have emerged that full oil production activities will soon resume in Ogoni land after over 22 years, following...
