- Wednesday, July 01, 2026
BusinessDay
The refining business becomes more attractive relative to production when oil prices fall. Royal Dutch Shell Plc reported on Thursday...
Advanced metering systems are comprised of state-of-the-art electronic/digital hardware and software, which combine interval data measurement with continuously available remote...
Royal Dutch Shell is to cut more than $15bn in spending and freeze its dividend in an effort to plug...
Vice President Namadi Sambo said on Thursday the Federal Government had approved N30 billion for the trans- mission of power...
Saudi Arabia won’t balance global crude markets by itself even as prices fall “too low for everybody” and threaten investment...
South African petrochemicals group Sasol on Wednesday said it would delay its $8.1 billion investment in an ethane cracker in...
The people of Okoloma community, Ndoki in Oyigbo Local Government Area of Rivers State are crying over what they described...
So you thought a six- month break on a desert island looked appealing and spent long hours in silent medi-...
Shell also said profits for the last three months of 2014 had risen to $4.2bn compared with $2.2bn in the...
Nigerian banks are heavily exposed to the oil and gas sector, leaving investors wondering if the 54 percent slide in...
In light of the collapse in global crude prices, and attendant effects on Nigeria’s economy, Funke Opeke, CEO of MainOne,...
Shares in Afren plunged more than 65 percent on Tuesday after the Nigeria- focused oil group revealed it needed to...
Gerald Irona, chair- man, House of Representatives’ ad hoc committee on oil spill, on Wednesday directed Chevron Nigeria Limited to...
The Federal Government may have abandoned the implementation of the Liquefied Petroleum Gas (LPG) national strategic policy for importation of...
The price of crude oil has dropped dramatically from its above $100/b highs to sub-$50/b levels, with a near term...