- Saturday, June 13, 2026
BusinessDay
There has been laudable progress by the marginal field operators from the winners of the marginal fields bid round of...
While electricity producers in West Africa battle challenges ranging from gas supply, weak transmission lines, lack of market reflective tariff...
Nigeria, Africa’s second biggest oil producer, continues to experience challenges within the power sector despite the huge outlay of funds...
A long-awaited bill reforming the nation’s petroleum industry is effectively on hold until tensions ease in the restive Niger Delta region....
Iran supports an oil price of $50-60 per barrel and any measure to stabilise the market, state TV quoted the...
A meeting between OPEC Secretary-General Mohammed Barkindo and Iran’s oil minister to discuss global oil market conditions and crude prices...
The price of oil has jumped by about 3% after Russia and Saudi Arabia reached an agreement to look for...
Oil gained as Saudi Arabia prepared to make a “significant” announcement following discussions with Russia over promoting market stability. Futures gained...
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in...
In the first part of this article, we proposed a liquidity and payment support mechanism for the Nigeria Electricity Supply...
Nigeria has lost more than 700,000 barrels of oil production per day because of attacks on pipelines and platforms...
National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves in the world. According to...
Oil prices wavered between gains and losses Tuesday as traders positioned ahead of weekly inventory data and a coming meeting...
Gas has the potentials to transform African economies if properly harnessed as power infrastructure remains the biggest barrel to real...
Offers for Nigerian Bonny Light crude and various Ocobter-loading Angolan cargoes were repeated on Friday but met little interest because...
