Chief Executive Officer Nigeria Upstream Regulatory Commission, Gbenga Komolafe has said that Nigeria is expanding the number of oil blocks slated for…
Category:
Oil and Gas
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National Oil Spills Detection and Response Agency, NOSDRA, has confirmed an oil leak incident from the Nembe Oilfields operated by Aiteo Eastern…
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Oil price gains on Tuesday were curbed after players took stock of comments from a Federal Reserve policymaker urging investors to remain…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of pre-qualification documents…
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Seplat Energy is pursuing a swift conclusion to its $1.28 billion acquisition of ExxonMobil’s Nigerian shallow water oil assets, it said on…
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Oil and Gas
OPEC sees no peak oil demand long term as Russia’s oil output exceeded OPEC+ quotas in May
Secretary General of Oil Producing Countries, OPEC, says it does not see a peak in oil demand in its long-term forecast and…
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The Movement for the Survival of Ogoni People, MOSOP, has listed conditions that must be met before the resumption of oil operations…
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Oil and Gas
African Energy Chamber sponsors Nigeria’s National Judicial Institute workshop on Petroleum Industry Act, promotes judicial support for oil, gas projects
The African Energy Chamber the voice of the African energy sector – is sponsoring a workshop led by Nigeria’s National Judicial Institute…
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Oil and Gas
NNPC signs floating liquefied natural gas deal with Golar LNG, bolstering gas commercialisation in Nigeria
Marine LNG infrastructure developer Golar LNG has signed a Project Development Agreement (PDA) with the Nigerian National Petroleum Corporation (NNPC) for the…
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Oil and Gas
Rivers community shuts down Agip’s Port Harcourt office, demands N100bn for 60yrs of neglect
Mgbuosimini Community in Obio/Akpor Local Area of Rivers State has shut down the Port Harcourt office of Nigeria Agip Oil Company, NAOC.…
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Brent futures rose $1.36, or 1.7%, to $80.98 a barrel, while U.S. West Texas Intermediate crude rose $1.46, or 1.9%, to $76.99.…
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Integrated energy solutions provider Tetracore has commissioned phase one of its Compressed Natural Gas (CNG) facility in Nigeria – representing a significant…
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The Senate leadership described described the 650,000bpd Dangote Petroleum Refinery as the 9th wonder of the world but came hard on those…
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Oil prices rose on Thursday as the European Central Bank cut interest rates for the first time in roughly five years, and…
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Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise in fuel stocks fuelled demand…