- Monday, June 08, 2026
BusinessDay
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has signed an around $1.6 billion deal...
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has signed an around $1.6 billion deal...
A contango in Brent oil futures relieved some of the pressure on sellers to offload West African cargoes, traders said...
UC Rusal, the Russian firm with 85 percent stake in Nigeria’s Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi,...
The Organisation of Petroleum Exporting Countries (OPEC) has cut its forecast of demand for crude oil from the 12-member oil...
The Organisation of Petroleum Exporting Countries (OPEC) has cut its forecast of demand for crude oil from the 12-member oil...
A severe overhang of Nigerian cargoes proved slow to clear on Wednesday in lacklustre trade as arbitrage opportunities east and...
The Port Harcourt Refinery has been completely shutdown. This is because the products it has produced in recent time could...
Nigeria is the most populous country on the African continent with an estimated 170 million people. It is also one...
The long-delayed EGTL project, operated by Chevron Nigeria Limited, will come on stream before the end of this year. The...
The long-delayed EGTL project, operated by Chevron Nigeria Limited, will come on stream before the end of this year. The...
ExxonMobil will invest $1 billion in its 320,000 barrel per day (bpd) Antwerp refinery even as many firms pull back...
United States has overtaken Saudi Arabia and Russia to become the world’s biggest producer of oil as extraction of energy...
Mexican national oil company, Pemex, will pump an additional US$6 billion into its beleaguered Cantarell oilfield to maintain its current...
The price of oil slipped as the risk of supply disruptions in Iraq faded and key export terminals in Libya...