- Saturday, July 25, 2026
BusinessDay
OPEC’s oil production averaged 29.98 mb/d in 2014, which is 0.02 mb/d less than the production level of 30 mb/d...
Saudi Aramco, the kingdom’s state oil giant, is close to completing a $10 billion tightly-priced loan, part of which could...
Nawal Al-Fuzaia, Kuwait’s OPEC governor, in the first public comment on what would be a crucial decision to determine the...
The Federal government’s plan to increase crude oil production in the country from just over 2 million barrels per day...
Brent crude steadied above $57 a barrel on bargain hunting by investors, but gains were capped by a steadying dollar...
The Nigerian National Petroleum Corp (NNPC) has handed over new contracts and renewed existing ones for the protection of its...
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...