EXXONMOBIL board of directors has elected Stephen Littleton as vice president of investor relations and corporate secretary, effective March 15. Neil Hansen,…
Category:
Oil and Gas
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Director and Chief Executive Officer, Department of Petroleum Resources DPR Mr Sarki Auwalu, has said that the oil mining licence of Pan…
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Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35% decline in oil output over 10 years as…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that by June, the oil industry would…
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In a bid to further the local content of oil and gas in the country Nigerian vendors are to supply 55 per…
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The daily average natural gas supply to gas-powered plants in November 2019 increased by 16.53 per cent to 645 mmscfd, the Nigerian…
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OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact…
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Royal Dutch Shell’s Nigerian subsidiary SPDC lifted a force majeure on Bonny Light crude oil exports on Friday, a spokesman said. It…
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The former Attorney-General of the Federation, Mohammed Adoke, and six other co-defendants charged with 42 counts in connection with the controversial 1.09…
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NewsOil and Gas
Lekoil strikes deal to keep oilfield after loan fraud as EFCC charges Adoke with financial crimes in $1.3bn oil deal
Nigerian oil firm Lekoil has reached a deferred payment deal to keep ownership of an oilfield, the company said in a statement,…
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Africa-focused fintech firm Flutterwave said that it has raised $35 million and is partnering with WorldPay and Visa in its bid to…
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NewsOil and Gas
NDDC board was dissolved to stem corruption, give room for right people to work, says Minister
The Minister of State for Niger Delta Affairs, Senator Tayo Alasoadura, has said the dissolution of the recently screened board of the…
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Surging oil production from non-OPEC countries led by the United States along with abundant global stocks will help the market weather political…
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Trading in shares of Nigerian oil company Lekoil was suspended on the London Stock Exchange on Monday when the company said it…
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The Department of Petroleum Resources (DPR), says plans are ongoing to grant Niger Delta Petroleum Resources Ltd. (NDPR) licence to operate its…