- Monday, June 08, 2026
BusinessDay
Global crude prices fell more than $1 a barrel on Thursday, retreating from a short-covering charged rally as traders bet...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has directed petroleum marketers to sell products from all pumps at their respective...
Brent crude settled at sub-$62 per barrel – the lowest level since 2009, as investors increased their short positions in...
The Nigerian National Petroleum Corporation’s (NNPC) monthly petroleum information reveals that the nine marginal fields produced 12. 43 million barrels...
Global demand for OPEC crude in 2015 will be less than expected and far below its current output, the group...
Falling oil prices have triggered a wave of cutbacks and scenarios in the industry. International Energy Agency again cut its...
ConocoPhillips said its 2015 capital budget would be 20 percent, or about $3 billion, lower than this year’s, the biggest...
In a surprise move, Norway’s central bank has cut its key lending rate as it frets over the impact of...
Minister of Petroleum, Dieziani Alison-Madueke, was on Tuesday appointed the President of the Gas Exporting Countries Forum (GECF) at the 16th...
To stop the ongoing indefinite strike by oil workers from dragging and taking a toll on the economy and Nigerians,...
Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and Nigerian Union of Petroleum...
It is generally accepted that firms that have huge debt in their capital structure may have incurred such loans for...
Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective...
Saudi Arabia has launched a third-wave attack in its oil price war this time targeting the US shale oil producer....
Mozambique’s ambition to displace Nigeria and other LNG producers in Africa like Algeria, Egypt and Equatorial Guinea is taking shape....