- Tuesday, June 30, 2026
BusinessDay
Crude oil prices have fallen by about 60 percent since June 2014 and the industry is responding as they work...
Oil traded near $50 after capping its first weekly gain in two months as investors weigh rising OPEC output against...
Qatar Petroleum and Shell said they had decided not to proceed with their $6.4 billion Al Karaana petrochemical project in...
Africa-focused oil and gas explorer Tullow Oil has written off $2.3 billion in relation to exploration work and a number...
French oilfield engineering group Schlumberger announced full-year results for 2014 that show its revenue increase by seven percent last year...
The Nigerian National Petroleum Corporation (NNPC) and its midstream subsidiary, the Pipelines and Products Marketing Company (PPMC), have called on...
Gaslink Nigeria Limited (GNL), a subsidiary of Oando Plc, has allayed fears of possible health and environmental hazards following the...
The United Arab Emirates said on Tuesday that OPEC will no longer move to shore up crude prices, arguing that...
Crude oil price is now below $50 per barrel. That is nearly 57 percent down from the June 2014 price...
Prediction is difficult especially if it’s about the future” – Niels Bohr The oil and gas industry seems to take...
Global oil markets resumed their slide with Brent and US crude hitting April 2009 lows and ending down for a...
A recent analysis by Wood Mackenzie found that 1.6 percent, or 1.5 million barrels of oil per day (MMbopd), of global...
Hassan Rouhani, Iran’s President, flanked by Venezuelan counterpart Nicolas Maduro has vowed to “neutralise” the threat posed to both countries...
Tema oil refinery (TOR) has resumed its core function of refining crude oil after about five years of inaction. The...
BusinessDay West Africa Energy debuted in January 2014. It recorded immediate acceptance typified by huge response from readers and exclusive...
