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OPEC Basket Price Stands at $75.89bpd
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    OPEC Basket Price Stands at $75.89bpd
    Oil

    OPEC Basket Price Stands at $75.89bpd

    June 19, 202301204

    The price of OPEC basket of 13 crudes stood at $75.89 a barrel on Friday, June 16, 2023, compared with $74.20 the previous day, according to OPEC Secr

    Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea Sign MoUs on Nigeria-Morocco Gas Pipeline
    Oil

    Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea Sign...

    June 16, 20230972

    Another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS) as four significant Memoranda o

    SNEPCo Paid More than $900 Million in Taxes, Royalties in 2022
    Oil

    SNEPCo Paid More than $900 Million in Taxes, Royalties in 20...

    June 15, 20230969

    Mrs. Elohor Aiboni, Managing Director of SNEPCo Shell Nigeria Exploration and Production Company (SNEPCo) paid a total of $907 million as taxes and ro

    Seplat Energy appoints Chioma Afe as Director External Affairs and Sustainability
    Oil

    Seplat Energy appoints Chioma Afe as Director External Affai...

    June 15, 202301211

    Mrs. Chioma Afe The Board and Management of Seplat Energy Plc are pleased to announce the appointment of Mrs. Chioma Y. Afe as the Director, External

    NNPC Hosts Chevron’s Management Team
    Oil

    NNPC Hosts Chevron’s Management Team

    June 15, 202301547

    The Group Chief Executive Officer (GCEO), of Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, hosts Chevron Nigeria Limited’s (

    NMDPRA Assures of Protection as Oil Marketers Begin Fuel Importation
    Oil

    NMDPRA Assures of Protection as Oil Marketers Begin Fuel Imp...

    June 14, 202301063

    The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)  has assured that it would protect consumers from exploitative action fol

    OPEC Report Shows Nigeria Reclaims Position as Top African Crude Oil Producer in May 2023
    Oil

    OPEC Report Shows Nigeria Reclaims Position as Top African C...

    June 14, 202301189

    The Organization of Petroleum Exporting Countries (OPEC) report shows that Nigeria has regained its position as the top crude oil producer in Africa f

    NMDPRA Issues Licences of Crude Oil Terminals to NNPC, Belema Oil
    Oil

    NMDPRA Issues Licences of Crude Oil Terminals to NNPC, Belem...

    June 14, 202301322

    The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued Licence to establish new crude oil terminals to NNPC Limited

    TotalEnergies Makes Oil and Gas Discovery in Offshore OML 102
    Oil

    TotalEnergies Makes Oil and Gas Discovery in Offshore OML 10...

    June 13, 202301160

    TotalEnergies announces the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Niger

    Nigerian Authorities Restore Immigration Documents of Seplat Energy CEO, Roger Brown
    Oil

    Nigerian Authorities Restore Immigration Documents of Seplat...

    June 13, 202301077

    Seplat Energy is pleased to announce that the Ministry of Interior (“Ministry”) and the Nigeria Immigration Service (“NIS”) have restored the Working

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