- Friday, June 12, 2026
BusinessDay
In 2003 the Department of Petroleum Resources, DPR, awarded the Oil Mining Lease for Uquo marginal field located in OML...
The Organisation of Petroleum Exporting Countries (OPEC) in an editorial in its latest Bulletin said that it is “ready to...
When equipment at a major sub-station in the Amuwo – Odofin area of Lagos was damaged by a recent power...
Nigeria has issued additional import allocations for at least 300,000 tonnes of gasoline for the remainder of the third quarter,...
US shale producers reported a cash outflow of more than $30bn in the first half of the year, in a...
One of the biggest bears in the oil market has not been swayed by the snap rally that pushed the...
Brent oil rose on Tuesday as strong European economic data and a year-on-year increase in Chinese crude imports outweighed concerns...
Angola risks losing investment from foreign oil companies as costly government regulations and low world prices make the country, vying...
The North -West Zonal Office of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has enjoined its members to engage...
The North Sea and Nigeria will ship the most crude in more than three years in October, adding to downward...
The Consumer Protection Council (CPC), the apex consumer regulatory body in Nigeria, and Electricity Distribution Companies (DISCOs) have differed on...
Lower differentials to dated Brent helped Angola shift more of its October loading cargoes, but roughly a third of the...
OPEC member Venezuela and Russia, the largest oil exporter outside the group, agreed on “initiatives” to bring stability to the market, according...
The management of Ikeja Electric (IE) on Monday urged electricity consumers to embrace a cost effective tariff that would enable...
Nigeria has issued additional import allocations for at least 300,000 tonnes of gasoline for the remainder of the third quarter,...
