Saudi Aramco, one of the largest companies in the world by revenue saw its profit decline by 44% to $49 billion in 2020.The coronavirus pandemic wrecked the oil company's income as the ensuing lockdow...
In recent reports, Aliko Dangote’s wealth has made upward progression, growing by $950 million since January 2022, following a Y-T-D date price increase in the shares of its cement brand. Dango...
Norway's Equinor has commenced its interest in selling off its stake in the offshore Agbami oilfield. This decision came in after the company made it known that production has been shrinking right fro...
Bloomberg reported on Thursday that Dangote Refinery has been shipping products as it prepares two units for petrol (petrol) output, which will transform the fuel market in Nigeria and the surrounding...
With the sudden surge in the pump price of diesel, petrol marketers are calling for the urgent intervention of the federal government to cushion the hike in the price and prevent an imminent distribut...
1. Background Information:- The article centers around the Federal Government of Nigeria's efforts to implement crude oil sales to local refineries in naira and the upcoming petrol pricing at Dangote ...
On Thursday, Russia unleashed an all-out land, air, and sea attack on Ukraine, the worst invasion by one country against another in Europe since World War II and validation of the West's worst fears...
One of the challenges some investors might face in the market is knowing when to buy and when not to.Considering that a bullish and a bearish market can be both favorable and unfavorable, every invest...
Seplat Energy Plc board members recommended a payment of US15 cents for the financial year ending December 31, 2023, which the firm's shareholders also approved.The company announced that for the 2023...
As oil prices climbed to their highest level in nearly 10 years, Warren Buffett's Berkshire Hathaway Inc (BRK.A) unveiled a $5 billion position in Occidental Petroleum Corp. Berkshire holds 91.2 m...