- Sunday, June 14, 2026
BusinessDay
There are fears that crude oil output recovery from Nigeria and Libya could complicate OPEC’s attempt to accelerate oil market...
Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The...
Oil prices collapsed last night to a six-week low of $53.98 a barrel after reports emerged that US crude stockpiles...
Opec once decried hedge funds as a malign influence on the oil market. Now it is seeking their opinion....
In 1998 during the regime of Sanni Abacha, Dan Etete, oil minister allegedly awarded Oil Prospecting License 245 to himself...
West African countries like Benin, Togo, Burkina Faso, Liberia, Sierra Leone, Ghana and Nigeria for decades grappled with challenges of...
Going by the soundbites coming from the state oil company, the Nigerian National Petroleum Corporation, it seems that they are...
Ghana’s Energy Ministry is instituting regular briefings on the country’s energy situation to update the citizens after power cuts become...
The prolonged environmental uncertainties occasioned by government interference, policy inconsistency among others have over the years conspired to stifled new...
Nigeria will sell portions of its oil assets to help fund President Muhammadu Buhari’s four-year plan to lift the economy...
The Special Adviser to the President on Niger Delta Affairs, Paul Boroh, says the Federal Government will henceforth work directly...
… Projections for new investments overly optimistic says analysts Ibe Kachikwu, Nigeria’s minister of state for petroleum resources said crude...
The Senate said it had concluded arrangements to probe the Nigerian National Petroleum Corporation (NNPC) and Independent Marketers over alleged...
Garba Marafa, Chairman, Senate Committee on Petroleum Downstream, on Thursday said total deregulation of petroleum downstream sector remained the best...
Nigeria is recording remarkable success in cutting costs associated with crude oil exploration through renegotiating deep offshore rig-rates. Constructing rigs...
