Trans Niger oil pipeline has been fully restored and is working normally, after it was ruptured by a blast last week, Renaissance…
Category:
Oil and Gas
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Crude oil prices gained 1% on Monday as U.S. President Donald Trump said he will impose 25 per cent on countries that…
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Adeayworld Energy Limited says it is partnering the National Agency for Science and Engineering Infrastructure on compressed natural gas kits manufacturing and…
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Dangote Refinery has halted selling petroleum products in naira; the company disclosed this in an official statement. The 650,000 barrels per day…
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Oil and Gas
Another explosion rocks oil facility in Rivers, Police confirms Trans Niger Delta Pipeline fire
Unconfirmed reports say there is another explosion at an oil facility in Ogba/Egbema/Ndoni Local Government Area of the Rivers State. A source…
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Nigeria Security and Civil Defence Corps NSCDC said its Commandant General’s Special Intelligence Squad (CG’s SIS) has arrested 17 suspects for their…
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Arabel Holdings has announced the successful closure of Renaissance Africa Energy Holdings’ acquisition of Shell’s full equity position in the Shell Petroleum…
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Brent crude oil hovered at $70 per barrel on Friday amidst fresh round of sanctions on Iranian oil exports by the United…
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Minister of state for Petroleum (Oil), Senator Heineken Lokpobiri has urged host communities in the Niger delta region to protect oil assets…
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Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S. and other countries…
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Oil prices were lower on Monday as concern over the impact of U.S. tariff uncertainty and rising output from OPEC+ producers pressured…
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Canada’s Africa Oil Corporation will double its Nigerian output and the size of its reserves there once it completes its deal for…
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Oil and Gas
Militant group warn FG on Rivers crisis, plan to hit oil production, urges non-indigenes to leave Rivers
Residents of Rivers state are now in a panic mode as militant group, Niger Delta Rescue Movement, NDRM, has issued a directive…
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Oil and Gas
Seplat plans $320m investment in new assets production drive, US orders wind down of Chevron’s oil exports from Venezuela in 30 days
Seplat Energy plans to invest up to $320 million in new wells and infrastructure in Nigeria this year, aiming to more than…
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Crude oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further price…