- Monday, June 08, 2026
BusinessDay
South African President Jacob Zuma outlined ambitious plans for oil and gas exploration in coastal waters that he said could...
The vast majority of shale oil in the United States is produced at costs far below the current price of...
Schlumberger the world’s largest oilfield services company, said oil and gas spending would increase in 2015 as global oil demand...
Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to...
The lengthy shutdown of a liquefied natural gas (LNG) plant is helping push Angola’s crude oil exports to their lowest...
Russia’s Rosneft, the world’s biggest listed oil producer by output, said the fall in oil prices was not critical for...
Nigeria’s newest investment in the gas sub-sector, Green Gas Limited (GGL) has said that its multi-billion dollar Compressed Natural Gas...
About 60 percent of world’s recoverable crude oil resource will have yet to be produced by 2040. This is one...
In September 1964 the world’s first commercial LNG facility, the CAMEL liquefaction plant at Arzew in Algeria, was completed. On...
An international arbitration panel has awarded ExxonMobil US$1.6 billion for Venezuelan assets seized in 2007. The World Bank’s International Centre...
State-owned Saudi Arabian Oil Co. on October 1 cut prices for all grades and to all regions for November. The...
London-listed support services company Africa Oilfield Logistics plans to list its shares on Kenya’s Nairobi Securities Exchange. The company, which...
OPEC increased oil production by the most in almost three years as prices headed toward a bear market. The group,...
Kashagan, the world’s most expensive oil project, will have to spend another up to $3.6 billion to replace leaking oil...
Kenya is yet to decide whether to turn east Africa’s only oil refinery into an oil storage facility or pay...