The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to…
Oil and Gas
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Brent oil prices were little changed on Friday but were on track for a sixth straight week of gains, boosted by strong…
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Oil prices hit $80 a barrel for the first time since November 2014 on concerns that Iranian exports could fall due to…
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Nigerian National Petroleum Corporation, NNPC, has urged lawmakers to review downward the duration of petroleum licences as stipulated in the draft Petroleum…
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Some shareholders of Oando Plc on Wednesday cautioned its management against moves to reconcile with Ansbury Investments Incorporated, owned by Mr Gabriele…
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NNPC has awarded contracts to buy and sell Nigerian crude to 50 companies of which 32 are local firms. Top on…
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The trial of top executives from oil majors Eni and Shell over alleged corruption in Nigeria kicked off on Monday with a…
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The Nigerian National Petroleum Corporation, yesterday has said that it saved the nation the sum of $1.7 billion as it secured a…
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Nigerian National Petroleum Corporation, NNPC said that currently, it is the most transparent public sector organisation in the country. Speaking at…
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National Assembly has said it aims to pass a long-delayed bill to overhaul the oil sector by the end of July. …
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The Nigerian National Petroleum Corporation (NNPC) has said that that it spent the sum of $396 million on refineries turn around maintenance…
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U.S. oil prices rose above $70 a barrel for the first time since November 2014 and Brent crude climbed to fresh…
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Management of Forte Oil has said the company plans to sell its upstream services and power businesses in Nigeria and divest from…
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Oil prices held steady as the dollar remained near a four-month high, with crude supported by worries that United Sstates President Donald…
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West Africa-focused oil and gas group Savannah Petroleum is considering selling a minority stake in its Niger assets before first oil flows…