- Wednesday, July 01, 2026
BusinessDay
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...
Members of the Conference Committee on the 2015 budget on Wednesday adopted $53 per barrel as official oil benchmark for...
The total federally collected revenue during the fourth quarter of 2014 declined by 17.4 percent to N2.3 trillion from N2.8...
In 1983, the government of Ghana established the 100 percent state-owned state oil company Ghana National Petroleum Corporation (GNPC) to...
The price of oil plunged in the second half of 2014 when it became apparent that production was outpacing global...
Brent crude rose above $61 a barrel supported by geopolitical tensions in Libya and Iraq, while traders eyed the outcome...
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...
