- Friday, June 12, 2026
BusinessDay
The recent remark by Mutiu Sunmonu, the managing director of Shell Petroleum Development Company of Nigeria Limited (SPDC), is reminiscent...
Diezani Alison-Madueke, Minister of Petroleum Resources, following a closed-door meeting with security chiefs in Abuja has promised immediate “robust” and...
The rising incidence of piratical attacks on oil vessels and crew members in Nigeria, which has assumed unprecedented dimension in...
The Arewa Consultative Forum (ACF) has demanded an inquiry into the allegation that 83 percent of oil blocs’ allocations are...
Assertions of fresh crude oil discovery at Kuje area council of the Federal Capital Territory (FCT), Abuja has been debunked...
Q: Would the banking industry have financed the oil and gas projects a few years back? A: The industry could...
The need to stimulate the exploration, production and development of the nation’s natural gas for domestic use, particularly to drive...
The Bureau of Public Enterprises (BPE) has warned prospective bidders for Afam Power Plc and Kaduna Distribution Company that it...
Shell Petroleum Development Company declared force majeure on the Bonny Light crude oil grade on Tuesday due to a leak...
Oil thieves are back in action, sabotaging pipelines to rob Nigeria of more than ten percent of its daily production....
The volume of non-oil cargo imported into Nigerian ports has grown to 344.415 million metric tons in five years, covering...
The success or otherwise of the ongoing reforms in the power sector will largely be determined by infrastructure and human...
The price of OPEC basket of twelve crudes stood at 108.62 dollars a barrel as at the end of February...
Nigeria’s oil and gas sector is being choked by an unusually lengthy contracting cycle which can take as long as...
As bunkering surges in the oil region, Shell Petroleum Development Company (SPDC), which handles about half of Nigeria’s crude production,...