- Wednesday, July 01, 2026
BusinessDay
Following the slump in oil prices, the focus is shifting to gas. Nigeria, just like other oil dependent countries, is...
Oil prices jumped with US crude up 4 percent after the dollar fell on interest-rate uncertainty, lifting demand for dollar-denominated...
Crude oil exports from Saudi Arabia rose in January to their highest level since April last year, while volumes used...
ConocoPhillips expects production to climb 11 percent to touch 1.7 million barrels of oil equivalent per day (mmboed) in 2017....
Malaysia’s Petroliam Nasional Bhd (Petronas) plans to use the $5 billion it raised in Asia’s largest bond offering so far...
Ethiopia’s leading private oil marketer, National Oil, plans to build a $5 billion refinery within ten years to meet the...
Angola expects oil output to average 1.84 million barrels per day (bpd) this year, up 10 percent from 1.67 million...
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...