- Monday, June 08, 2026
BusinessDay
BP is freezing base pay across the group this year, the latest in a series of steps by oil majors...
Crude oil prices rose on Monday as investors shrugged off bearish Chinese data and news of a US refinery strike...
Oil prices may stay depressed until summer due to weak seasonal demand even as Saudi Arabia’s strategy of curbing the...
The refining business becomes more attractive relative to production when oil prices fall. Royal Dutch Shell Plc reported on Thursday...
Royal Dutch Shell is to cut more than $15bn in spending and freeze its dividend in an effort to plug...
Saudi Arabia won’t balance global crude markets by itself even as prices fall “too low for everybody” and threaten investment...
South African petrochemicals group Sasol on Wednesday said it would delay its $8.1 billion investment in an ethane cracker in...
The people of Okoloma community, Ndoki in Oyigbo Local Government Area of Rivers State are crying over what they described...
So you thought a six- month break on a desert island looked appealing and spent long hours in silent medi-...
Shell also said profits for the last three months of 2014 had risen to $4.2bn compared with $2.2bn in the...
Nigerian banks are heavily exposed to the oil and gas sector, leaving investors wondering if the 54 percent slide in...
In light of the collapse in global crude prices, and attendant effects on Nigeria’s economy, Funke Opeke, CEO of MainOne,...
Shares in Afren plunged more than 65 percent on Tuesday after the Nigeria- focused oil group revealed it needed to...
Gerald Irona, chair- man, House of Representatives’ ad hoc committee on oil spill, on Wednesday directed Chevron Nigeria Limited to...
The Federal Government may have abandoned the implementation of the Liquefied Petroleum Gas (LPG) national strategic policy for importation of...
