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Shell Pays FG $4.5 Billion as Production Entitlement, Taxes, Royalties and Fees in 2022
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    Shell Pays FG $4.5 Billion as Production Entitlement, Taxes, Royalties and Fees in 2022
    Oil

    Shell Pays FG $4.5 Billion as Production Entitlement, Taxes,...

    March 30, 202301682

    …Pays $ 79,844,884 to NDDC  Shell’s Report on Payments to governments has indicated that the Federal Government of Nigeria was paid a total sum of $4,

    Ocean & Oil Acquires Minority Shares of Oando for Over N2.1bn
    Oil

    Ocean & Oil Acquires Minority Shares of Oando for Over ...

    March 30, 202301789

    Ocean and Oil Development Partners Limited (OODP), has said it will acquire the minority shares of Oando Plc for over N2.1bn. With the decision, Oando

    WIEN Demands Government to Prioritize Gender Equity Policies
    Oil

    WIEN Demands Government to Prioritize Gender Equity Policies

    March 28, 202301030

    Speakers and Chairperson of the IWD 2023 Programme at WIEN, and MD/CEO, PeakThrust Insurance Brokers Limited, Mrs. Abimbola Onakomaiya; Mrs Elohor Aib

    Oil Prices Plunges to 5% on Easing Banking Fears
    Oil

    Oil Prices Plunges to 5% on Easing Banking Fears

    March 28, 20230822

    Amid extreme volatility, crude oil prices rallied sharply on Monday recording their biggest gains in months after a banking crisis seemed to lose stea

    NNPC Releases Additional 1.4 Billion Litres of PMS in 25 Days
    Oil

    NNPC Releases Additional 1.4 Billion Litres of PMS in 25 Day...

    March 27, 20230902

    The Nigerian National Petroleum Company Ltd has continued in its efforts to ensure adequate supply of Premium Motor Spirit into the market. In a fresh

    Buhari to Flags-Off Oil Exploration in Nasarawa
    Oil

    Buhari to Flags-Off Oil Exploration in Nasarawa

    March 27, 202301091

    President Muhammadu Buhari Barring any last minute change in plans, President Muhammadu Buhari will on Tuesday conduct the Presidential flag-off of Eb

    FG, FEC extend Brevity Anderson Consortium contract for N.I.E.S
    Oil

    FG, FEC extend Brevity Anderson Consortium contract for N.I....

    March 27, 20230860

    The Federal Government of Nigeria has approved a 7-year contract extension for Brevity Anderson Consortium as conference producers and organizers of t

    NMDPRA Cautions Stakeholders on Disaster Management in North-East
    Oil

    NMDPRA Cautions Stakeholders on Disaster Management in North...

    March 27, 20230752

    The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) which is the Technical and Commercial Regulator of Midstream and Downstr

    Stakeholders Outline Strategies for Sustainable Petrol Subsidy Removal
    Oil

    Stakeholders Outline Strategies for Sustainable Petrol Subsi...

    March 24, 202301067

    Stakeholders in Nigeria’s midstream and downstream sectors have urged the Federal Government to address key challenges and outline strategies for a su

    Seplat Drags Co-Founder Ambrose Orjiako to Court, Demands N5bn
    Oil

    Seplat Drags Co-Founder Ambrose Orjiako to Court, Demands N5...

    March 24, 202301262

    Seplat Energy Plc has begun legal proceedings against its co-founder Ambrose Orjiako and a consultancy firm Amaze Limited. The energy company said in

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