- Wednesday, July 01, 2026
BusinessDay
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...
Statoil deepened cost cuts and halted dividend growth as Norway’s biggest energy company struggles to withstand a plunge in oil...
Dana Gas, the Middle East’s leading regional private sector natural gas company, has announced a number of major milestones in...
Oil rallied again with benchmark Brent crude having its largest two-week gain in 17 years, as falling oil rig counts...
Oil prices are on the rebound as falling oil rig counts and violence in Libya helped further stall a selloff...
Norwegian oil firm Statoil has cut back on planned investments as annual profits were slashed in half in the wake...
As the economic impact of falling oil price spreads, the property market has been significantly impacted with rising vacancy rate...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that politicians and their followers owe to...
Strong indications have emerged that full oil production activities will soon resume in Ogoni land after over 22 years, following...
The Nigerian National Petroleum Corporation (NNPC) has deplored the recent increase in attacks on crude oil and gas pipelines, stressing...
Benin Electricity Distribution Company (BEDC) said that it received 240 megawatts (MW) from the national grid instead of about 900MW...
The global glut is forcing oil traders to source any available tanks to maximise profits when prices recover. The traders...
The organisation of Petroleum Exporting Countries (OPEC) oil production rose in January as record Iraqi output helped drive prices near...
Malaysia’s Yinson Holdings Berhad (Yinson, the Group), announced it has been awarded a contract for the chartering, operation and maintenance...
