- Friday, June 12, 2026
BusinessDay
With the emerging need for domestic energy security, particularly to meet the growing demand for gas supply in the power...
Rosneft and North Atlantic Drilling Ltd. (NADL) executed multiple long-term offshore drilling contracts at the end of July, just before...
The option of transporting crude oil to the nation’s refineries by marine vessels has increased the operation cost of refining...
Against the backdrop of gas supply shortfalls hurting the nascent private sector-led power sector, the Federal Government is considering offering upstream assets with considerable gas deposits to investors in the...
CAMAC Energy Inc., an independent oil and gas exploration and production company focused on energy resources in Africa, on Monday...
The Ibadan Electricity Distribution Company (IBEDC) has submitted a tariff review proposal of between 25 percent and 30 percent to...
Afren Plc has temporarily suspended Chief Executive Osman Shahenshah and Chief Operating Officer Shahid Ullah pending an investigation into payments,...
Afren Plc has temporarily suspended Chief Executive Osman Shahenshah and Chief Operating Officer Shahid Ullah pending an investigation into payments,...
OPEC’s oil production rose in July from June, a Reuters survey found on Wednesday, as a fragile recovery in Libyan...
ConocoPhillips, on Wednesday, said it has completed the sale of its Nigeria upstream business to Oando Energy Resources (OER) for...
No time in recent past has a combination of geopolitical risks threatened the oil market as we are witnessing presently. ...
Boasting huge hydrocarbons resources yet to be exploited, Nigerian offshore domain is fraught with increasing threats, casting a shadow on...
Battling with energy shortages, South Africa is looking to gas-rich Mozambique and its shale gas resources as it plans to...
Despite US long-standing concern over independent oil sales from Kurdistan, a tanker carrying crude oil from the autonomous region is...
Syria’s oil sector has lost around $23.5 billion due to damage to facilities and pipelines, looting and production delays since...