- Saturday, July 25, 2026
BusinessDay
The next big threat to oil prices isn’t from OPEC or Bakken shale. It’s Russian samovars, or teapots. Simple refineries...
With more than 4,200 oil and gas blocs identified, Africa is the last true oil and gas frontier. About half...
Some oil and gas experts yesterday urged the Federal Government to deploy modern technology in combating the activities of crude...
Shell Petroleum Development Company (SPDC) has completed the sale of its interest in oil mining lease (OML) 29, the Nembe...
Normalcy has returned to many filling stations in Lagos metropolis Wednesday as motorists drove into many stations and bought fuel...
World prices have been falling since June 2014 but the pace of the slide accelerated in November when the Organisation...
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...
