- Thursday, June 11, 2026
BusinessDay
According to NNPC’s latest released monthly petroleum information, Natural Gas Liquid (NGL) production reached 1.1 million metric tonnes as at...
The World Bank has set aside more than $1billion in risk financing to back the use of flared gas from...
French energy company Total will cut investment and jobs this year and accelerate its asset sales programme after taking a...
Crude-oil futures rose, extending sharp overnight gains, with Brent crude testing the $60 mark on reports of spending cuts by...
Africa-focused oil and gas explorer Tullow Oil has reported a $2 billion pre-tax loss, its first in 15 years, and...
On February 10, the International Energy Agency (IEA) cut its forecast for non-OPEC supply growth in 2015, taking account of...
Seadrill, the world’s third-biggest offshore driller, cut $1.1 billion worth of Petrobras orders from its backlog due to the Brazilian...
The promise of plentiful jobs and salaries as high as a quarter-million dollars a year lured Colombia native Clara Correa...
Small oil-producing companies in Nigeria, facing slumping prices and rising debt, may need to combine to survive, the chief executive...
The recent surge in oil prices is just a “head-fake,” and oil as cheap as $20 a barrel may soon...
The Federal Government has disclosed its partnership with Chevron Nigeria on the mining and exploitation of bitumen in some parts...
PriceWaterHouse Coopers (PwC) in its forensic audit reports asked Nigerian National Petroleum Corporation (NNPC) and the Nigerian Petroleum Development Company...
Saudi Arabia, the world’s largest crude exporter, cut pricing for March oil sales to Asia, signaling that they are continuing...
US oil production will continue to increase this year but at a slower pace, due to companies continued investment in...
The North Caspian Operating Co. (NCOC) awarded Saipem a $1.8 billion engineering and construction contract to build two pipelines for...
