- Thursday, June 11, 2026
BusinessDay
British oil company BP expects to invest around $12 billion with its partners as part of a finalised West Nile...
Petrobras plans to dispose of as much as $13.7 billion in assets this year and next as part of efforts...
Oando Plc, has prepaid $238 million out of the $753 million it borrowed to part finance the acquisition of ConocoPhillips’...
Brazil produced more than 3 million barrels of oil and equivalent natural gas a day (boepd) for the second straight...
Russia’s Lukoil oil company may leave almost all of its projects in West Africa as it has made no large...
Russian oil output was broadly unchanged in February; at 10.65 million barrels per day (bpd), as a rise in production...
About 50 firms will secure licences for generation and distribution of electrical power before the end of 2015, Rumundaka Wonodi,...
The 586mw Ibom Power Plant (IPP) in Ikot Abasi, Akwa Ibom State, is set for privatisation as part of efforts...
The House of Representatives on Thursday adopted N4.4 trillion expenditure for 2015 fiscal year, warning against job cut. The House...
Joseph Dawha, group managing director, Nigerian National Petroleum Corporation (NNPC), has raised hope that the nation’s refineries will be back...
Governor Babatunde Fashola of Lagos State says that the Lekki refinery being undertaken by the Dangote Group in Lagos would...
The Federal Government’s desire to ensure active participation of indigenous firms in the nation’s oil and gas sector has continued...
Nigerian Electricity Regulatory Commission (NERC) has issued four on-grid licences to Zuma Energy Nigeria Limited to operate a combined 1,200...
The Manufacturers Association of Nigeria (MAN) on Tuesday in Abuja petitioned the Nigerian Electricity Regulatory Commission (NERC) over what it...
Debt-laden oil producer Afren Plc has defaulted on its 2016 bonds after declining to make a $15 million interest payment...