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Oil & Gas

  • In the News

    Exxon Profits Fall Short of Estimates Despite Production Boost

    by Victor Adetimilehin July 9, 2024
    by Victor Adetimilehin July 9, 2024

    Exxon Mobil Corp. (XOM) lowered profit expectations for the second quarter of 2024, citing lower refining margins and natural gas prices. The company expects earnings per share to be between …

  • In the News

    Saudi Aramco Share Sale Tests Investor Appetite for World’s Largest Oil Giant

    by Victor Adetimilehin June 2, 2024
    by Victor Adetimilehin June 2, 2024

    Saudi Arabia is testing investor appetite with a new share sale for its state-owned oil giant Aramco. The move aims to raise up to $13.1 billion and broaden the company’s …

  • In the News

    Saudi Arabia Considers Aramco Share Sale in June to Bolster Economic Vision

    by Victor Adetimilehin May 27, 2024
    by Victor Adetimilehin May 27, 2024

    Saudi Arabia is contemplating a multi-billion dollar share sale of oil giant Aramco as early as June. This potential deal could raise around $10 billion and be a significant step …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Femi Otedola Exits Geregu Power in $750 Million Stake Sale
Nigeria’s Tinubu Approves Write-Off of Billions in NNPC Debt to Government Account

Latest Stories

Femi Otedola Exits Geregu Power in $750 Million Stake...
Nigeria’s Tinubu Approves Write-Off of Billions in NNPC Debt...
Chevron Tankers Deliver Venezuelan Oil to US Ports Despite...

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