PetroNor completes acquisition of Panoro’s interest in OML 113
BY Habeeb Ahmed, with agency report. Norwegian junior PetroNor E&P has completed its acquisition of a key stake in the ...
Tuesday, April 14, 2026
Tag: Oil and Gas
Allianz toughens oil and gas policy to help meet climate goal
Allianz SE, the biggest insurer in Europe, says it plans to take a harder line on insuring the oil and ...
Nigeria’s exact crude oil production volume unknown – NEITI
Arakunle Kayode According to the Nigeria Extractive Industries Transparency Initiative, no one knows the exact volume of crude oil ...
Oil giant, Saudi Arabia, records $29bn deficit in Q2 as oil demand continues to fall
World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the ...
NNPC pens $1.5bn prepayment oil financing deal with traders
The Nigerian National Petroleum Corporation has signed a $1.5bn prepayment deal that will see it selling crude to some oil ...
Oil up on weaker dollar, high U.S. inventory
Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising ...
Oil prices rise $1/bbl on virus vaccine hopes, EU stimulus deal
Outlook for oil demand looked positive on Tuesday, causing oil prices to rise about $1 a barrel on Tuesday, hitting ...
Oil prices fall as COVID-19 infections rise
Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously optimistic ...
NNPC records N30.8bn loss in April
The national oil company, the Nigerian National Petroleum Corporation incurred a loss of N30.81bn in April 2020, representing a continuatoio ...
Only 11% of Shell’s oil polluted Ogoniland undergoing HYPREP clean-up, says Friends of the Earth
UNEP identified 21 impacted areas in Ogoniland CREDITS: Bloomberg Godwin Uyi Ojo, executive director of Environmental Rights Action/ Friends of ...
Popular News
-
Igbobi alumni raise over N1bn in one week as private capital fills education gap
-
CBN to issue N1.5bn loan for youth led agric expansion in Plateau
-
How UNESCO got it wrong in Africa
-
Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
-
Insurance-fuelled rally pushes NGX to record high
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.