Seplat Energy Plc has recorded N1.071 trillion for the third quarter of 2024, an increase from the N478.1 billion posted […]
Category: Oil and Gas
FG issues nine new refinery licences
The federal government, through the Nigerian Midstream and Downstream Petroleum Authority, has issued licences for nine modular refineries. The Chief […]
Ghana eyes Dangote Refinery for cheaper fuel imports
Ghana could soon be importing petroleum products from Nigeria’s Dangote Oil Refinery, a move that may drastically cut reliance on […]
NNPCL to clear $6bn petrol supply debt soon – Minister
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Wednesday that the Nigerian National Petroleum Company […]
FG approves Seplat’s $1.28bn ExxonMobil asset deal
Nigeria has officially approved the sale of ExxonMobil’s onshore assets to Seplat Energy, marking the conclusion of a $1.28bn deal […]
Aramco CEO calls for energy transition reset in developing world
Saudi Aramco’s chief executive Amin Nasser has called for what he dubbed a reset in the transition plans for developing […]
Nigeria to boost oil production with FPSO project – Lokpobiri
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the local upgrade of the FPSO Tamara Nanaye, […]
Providus Bank promotes Nigeria’s non-oil exports to grow sustainably
Providus Bank, a leading financial institution in Nigeria, has reaffirmed its commitment to fostering a sustainable export-driven economy. The Managing […]
Shell invests $1.98 billion in contract awards for local content
Shell Companies in Nigeria (SCiN) has invested substantially on local content development by awarding contracts to Nigerian companies valued at […]
FG signs gas deal for $3.3bn Nigerian methanol plant
The Federal Government, through the Nigerian National Petroleum Company Limited, has signed an agreement to begin sales of gas to […]