- Thursday, June 11, 2026
BusinessDay
The Nigerian National Petroleum Corporation’s (NNPC) monthly petroleum information reveals that the nine marginal fields produced 12. 43 million barrels...
Global demand for OPEC crude in 2015 will be less than expected and far below its current output, the group...
Falling oil prices have triggered a wave of cutbacks and scenarios in the industry. International Energy Agency again cut its...
ConocoPhillips said its 2015 capital budget would be 20 percent, or about $3 billion, lower than this year’s, the biggest...
In a surprise move, Norway’s central bank has cut its key lending rate as it frets over the impact of...
Minister of Petroleum, Dieziani Alison-Madueke, was on Tuesday appointed the President of the Gas Exporting Countries Forum (GECF) at the 16th...
To stop the ongoing indefinite strike by oil workers from dragging and taking a toll on the economy and Nigerians,...
Frank Edozie, Senior Special Adviser on Gas to the Minister of Power, said that power generation dropped to 3,500 megawatts...
Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and Nigerian Union of Petroleum...
It is generally accepted that firms that have huge debt in their capital structure may have incurred such loans for...
Benjamin Dikki, the director-general, Bureau of Public Enterprises (BPE), has said that the country required about N18.9 trillion for the...
Nigeria’s hope to start exporting power beyond West Africa to Central and South African countries is being dampened by the...
Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective...
Saudi Arabia has launched a third-wave attack in its oil price war this time targeting the US shale oil producer....
Mozambique’s ambition to displace Nigeria and other LNG producers in Africa like Algeria, Egypt and Equatorial Guinea is taking shape....