- Thursday, June 11, 2026
BusinessDay
Africa-focused oil producer Tullow Oil said it had raised an additional $450 million of capital from existing lenders, boosting its...
No fewer than 36 ships loaded with various products are expected to arrive at the ports in Lagos, the Nigerian...
With the prospect of another plunge in crude prices looming after two months of stability, U.S. shale oil producers may...
The International Energy Agency (IEA) in its current monthly report said China and India are set to fill up their...
The forth-coming federal and state elections in Nigeria will add another layer of risk and uncertainty to the many existing...
Ben van Beurden, Royal Dutch Shell Chief Executive, earned a total of about $26 million for 2014, making him one...
LNG traders are now competing to buy spare Nigerian cargoes to supply Egypt as the country gears up to become...
OPEC’s oil production averaged 29.98 mb/d in 2014, which is 0.02 mb/d less than the production level of 30 mb/d...
Saudi Aramco, the kingdom’s state oil giant, is close to completing a $10 billion tightly-priced loan, part of which could...
Nawal Al-Fuzaia, Kuwait’s OPEC governor, in the first public comment on what would be a crucial decision to determine the...
The Federal government’s plan to increase crude oil production in the country from just over 2 million barrels per day...
Brent crude steadied above $57 a barrel on bargain hunting by investors, but gains were capped by a steadying dollar...
The Nigerian National Petroleum Corp (NNPC) has handed over new contracts and renewed existing ones for the protection of its...
Nigeria’s move to seek broader frontiers for its Liquefied Natural Gas away from the traditional Asian- pacific hub received a...
The House of Representatives’ ad hoc committee on Petroleum Industry Bill (PIB) has recommended the complete removal of discretionary power...