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India slaps windfall tax on oil producers and refiners India has initiated a windfall tax on the country's oil producers and oil refiners who are...
Smart Airlines are saving billions thanks to oil price hedging Commodity price hedging is a popular trading strategy frequently used by oil and gas producers...
Shell pauses Nigerian onshore divestment pending outcome of court case After announcing a major divestment from its Nigerian onshore services in 2021, Shell PLC has...
Crude oil prices record 11% drop in June on fears of recession Energy prices might still be going strong, but due to concerns about the...
GNPC reacts to judgement debt loom on failure to decommission Saltpond oil field National Oil Company (NOC), the Ghana National Petroleum Commission (GNPC), has reacted...
Oil is likely to hit $200 a barrel under the disastrous G7 plan to cap Russian prices Oil prices are likely to surge to above...
Chad says $20 million lost at state-owned hydrocarbons firm The authorities in Chad have said more than US$ 20million was allegedly embezzled from a state-owned hydrocarbons company. The...
Aker has, as usual, written to the Minister for Energy seeking a postponement of the PoD submission, citing fresh reasons mainly having to do with...
Nigeria flares $13.3bn worth of gas in 10 years Nigeria flared natural gas worth over $13.3bn (N4 trillion) within the last 10 years, BusinessDay analysis...
ECOWAS: African Development Fund approves $2m technical grant to boost electricity reforms The Board of Directors of the African Development Fund on 24 June approved a technical...