Two international oil majors, Shell and Schlumberger and Nigeria’s Techno Oil Ltd. have clinched awards for excellence in service delivery to Africa’s…
Oil and Gas
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Oil prices slid by roughly $2 a barrel to their lowest level in about three weeks on Thursday on fears of that…
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Oil prices edges higher on Tuesday as upbeat economic data in No. 2 oil consumer China more than offset wider concerns that…
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Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from different terminals in the country following industrial action by the…
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The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to…
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National Biotechnology Development Agency (NABDA), Rahad Global Investment Ltd and NNPC Energy Services Ltd have signed a tripartite Memorandum of Understanding (MoU)…
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Oil prices rose more than 1% on Tuesday with support from a weaker dollar and hopes that the Federal Reserve might ease…
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NewsOil and Gas
Ijaw youths vow to disrupt SPDC oil operations over alleged neglect of host communities
Ijaw Youth Council (IYC) worldwide, has threatened to occupy all Shell Petroleum Development Company (SPDC) facilities in the Niger Delta region to…
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The Nigerian Independent Petroleum Company (NIPCO), says it has intensified investment in gas infrastructure to aid diversification and Nigeria’s energy transition. Mr…
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NewsOil and Gas
Nigeria needs to effectively harness gas resources for energy transition, security — society
The Society of Petroleum Engineers (SPE), Nigeria Council says in view of energy transition, Nigeria needs to effectively harness potential of gas…
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Nigerian National Petroleum Company Limited (NNPC Ltd), says it plans to deepen relationship with the Industry, Governments, Research Institutions and the Academia…
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Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government has received $800 million from the World…
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Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production amounting to around 1.15 million barrels per…
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Oil prices rose by more than a dollar a barrel on Friday as supplies tightened in some parts of the world and…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will partner Oil Trading and Logistics (OTL) Africa Downstream to sanitise…