Oil prices fall but set for third weekly rise
Businessam Staff
December 20, 2019
Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing US-China trade tensions lifted
Rivers wins oil wells from Bayelsa as court orders map error correction
Businessam StaffDecember 16, 2019
The Federal High Court in Abuja on Monday ordered the transfer of Soku oil field from Bayelsa State to its rightful owner, Rivers
Concerns as NEITI unveils oil blocks’ owners
Businessam StaffDecember 13, 2019
The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled a beneficial ownership register, which holds the
Russian oil major returns to Libya after 5 year break
Businessam StaffDecember 10, 2019
The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North African
AMCON takes over oil firm over N29b debt
BusinessamliveDecember 10, 2019
The Asset Management Corporation of Nigeria (AMCON) on Monday took over Cedar Oil & Gas Exploration and Production Limited over
Oil set for big weekly gains as OPEC+ agrees on deeper output cuts
Businessam StaffDecember 6, 2019
Oil prices rose on Friday and were on track for weekly gains as a meeting of OPEC and its allies agreed to deepen output cuts by
US becomes net crude oil exporter, first time ever
Businessam StaffDecember 5, 2019
The United States exported more crude oil and petroleum products than it imported in September 2019 — the first month in which America
OPEC tackles energy poverty in Africa as oil nations convene in Vienna
Businessam StaffDecember 5, 2019
By Samson Echenim
Saudi Aramco targets top end valuation of $1.7trn
Businessam StaffDecember 4, 2019
Saudi Arabia’s oil giant Aramco is assessing setting the final offer price of its initial public offering at the top of the indicative
Nigeria still flaring 8bn cubic metres of gas worth $2.5bn annually, says environmentalist
Businessam StaffDecember 3, 2019
Buhari promised to end flaring by 2020