African Energy Chamber calls for better fiscal terms, incentives to encourage oil exploration
Businessam Staff
December 3, 2019
By Samson Echenim
Dangote oil refinery key equipment arrives from China
Businessam StaffDecember 2, 2019
Dangote Petroleum Refinery and Petrochemicals Company on Sunday announced the arrival of the key equipment that would process crude
Oil prices to average $62.50 in 2020 as oversupply to persist
Businessam StaffNovember 29, 2019
Uncertainty over global economic and oil demand growth will continue to weigh on oil prices next year as the oversupply in the market
Brent oil prices weaken ahead of OPEC+ meeting
Businessam StaffNovember 29, 2019
Oil prices fell on Friday as Russia appeared to advocate putting off a decision by the world’s top producers on whether to extend
Nigeria saves 30% of petrol use, says Customs CG
Businessam StaffNovember 29, 2019
Nigeria’s fuel consumption has reduced by 30 per cent since the stoppage of petrol sale at towns/villages within 30 kilometres of the
Oil prices edge high as cautious trade-pact optimism provides a floor
Businessam StaffNovember 27, 2019
Oil prices edged higher Wednesday, on a path for a fifth gain out of six sessions, as cautious optimism for a trade pact between the
Nigeria, other African countries to deepen investments in gas as future energy leader
Businessam StaffNovember 26, 2019
By Samson Echenim
NNPC gets EITI’s endorsement over monthly financial accounts
Businessam StaffNovember 25, 2019
Nigerian National Petroleum Corporation (NNPC), the state-owned oil behemoth, has received an endorsement from global transparency
Oil holds near two-month high on OPEC+ extension expectations
Businessam StaffNovember 22, 2019
Oil prices held near two-month highs on Friday, set for a third consecutive week of gains on expectations of an extension to OPEC+