- Friday, June 12, 2026
BusinessDay
The National Petroleum Investment Management Services (NAPIMS), has explained its supports for the $3.8 billion Egina project at the yard...
OPEC oil output has fallen in February from the highest monthly level in recent history, a Reuters survey found on...
MX Oil has signed an agreement to sell its investment in the Aje field offshore Nigeria to GEC Petroleum Development...
President Muhammadu Buhari on Sunday emphasised the need for member states of Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC...
Flows of Nigeria’s Forcados crude oil to the export terminal could be halted until April, sources told Reuters. Pipeline operator...
Saudi Arabia has ruled out a deal by major producers to cut oil output and warned high-cost operators such as...
Stakeholders in Nigeria Oil and Gas industry have listed conditions that can make the country survive the current problems posed...
Abuja Electricity Distribution Company (AEDC) has raised an alarm over the rising cases of vandalism of various electricity supply equipment...
Despite low oil prices and market glut for most of 2015, oil demand in 2016 is anticipated to grow...
Nigeria and Saudi Arabia have expressed commitment to work towards a “stable oil market” and a “rebound of the oil...
A world without fossil fuels, may not be the stated intent of the 195 countries that gathered at the Paris climate...
In a first coordinated move to counter a slump that has pummeled economies, markets and companies, Saudi Arabia and Russia...
The energy sector projection as presented in the Infrastructure Master Plan reveals that Nigeria targets to increase power generation to...
Seven Energy International Limited has secured $100 million of new equity capital. This is comprised of $50 million from existing...
Brent settled lower after data showing US crude inventories rose to record highs overshadowed production freeze plans by oil major...
