- Friday, June 12, 2026
BusinessDay
First publicly owned Energy Academy targeted at shoring up manpower in Nigeria’s post-power privatisation era has been unveiled in Lagos....
About 60 percent of world’s recoverable crude oil resource will have yet to be produced by 2040. This is one...
In September 1964 the world’s first commercial LNG facility, the CAMEL liquefaction plant at Arzew in Algeria, was completed. On...
An international arbitration panel has awarded ExxonMobil US$1.6 billion for Venezuelan assets seized in 2007. The World Bank’s International Centre...
State-owned Saudi Arabian Oil Co. on October 1 cut prices for all grades and to all regions for November. The...
London-listed support services company Africa Oilfield Logistics plans to list its shares on Kenya’s Nairobi Securities Exchange. The company, which...
OPEC increased oil production by the most in almost three years as prices headed toward a bear market. The group,...
Kashagan, the world’s most expensive oil project, will have to spend another up to $3.6 billion to replace leaking oil...
Kenya is yet to decide whether to turn east Africa’s only oil refinery into an oil storage facility or pay...
Cote d’Ivoire will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf...
Malaysian state-owned oil firm Petronas has bought Statoil’s stakes in the BP-operated Shah Deniz project from Norway’s Statoil for US$2.25...
The Federal Government has stipulated new security standards for operators of fuel depots across the country, just as the military is stepping up its onslaught against Boko...
Power generation capacity in Africa will quadruple from 2020 to 2040, giving nearly a billion people access to electricity, the...
Panoro Energy ASA and its joint venture partners has taken a final investment decision to develop the Aje Cenomanian oil reservoir...
The West African electricity market presents huge benefits, especially to private generating, transmission and distributing companies. Regional electricity integration would...