Thursday, March 12, 2026
NLNG CEO sees price of Nigeria cooking gas falling 20% in weeks
Tony Attah, the chief executive officer of Nigerian Liquefied Natural Gas (NLNG) Limited has given signs yet of a likely...
Read moreDetailsNLNG says amendment Act amounts to double taxation, threat to FDI into Nigeria
Liquefied natural gas (LNG)-producing company, NLNG has stated that making amendments to the NLNG Act would amount to double taxation...
Read moreDetailsBaker Hughes, GE Oil & Gas in business combination to create a full-stream oil and gas company
Baker Hughes and GE have announced that the transaction combining GE’s oil and gas business with Baker Hughes is complete....
Read moreDetailsLibya oil output at 4-year high loosens OPEC grip on supply
Libya’s oil production has climbed to more than 1 million barrels a day for the first time in four years,...
Read moreDetailsUS oil-rig count falls for the first time in 5 months
The count of working oil rigs in the US fell this week for the first time in 24, breaking the...
Read moreDetailsOil set for longest winning streak in two months on U.S. output
Oil headed for its longest winning streak in two months after declines in U.S. crude production and gasoline inventories allayed...
Read moreDetailsEgypt hikes fuel prices, second time since currency float
Egypt's government on Thursday increased gasoline and diesel prices in the second fuel hike since a currency floatation and the...
Read moreDetailsGabon set to reduce oil reliance as IMF approves $642 million loan
Gabon, OPEC’s smallest member by production, will try to reduce its reliance on oil by increasing investments in agriculture and...
Read moreDetailsQatar’s emir meets Exxon Mobil Corp CEO over energy supply talks
The emir of Qatar met with Exxon Mobil Corp chairman and CEO Darren Woods in Doha on Saturday for talks...
Read moreDetailsOPEC has few escape routes from another bear market in oil
Oil’s back in a bear market and investors remain unmoved by last month’s agreement to prolong supply cuts, leaving OPEC...
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