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Saudi Arabia Likely to Extend Production Cuts to October
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    Saudi Arabia Likely to Extend Production Cuts to October
    Oil

    Saudi Arabia Likely to Extend Production Cuts to October

    August 23, 202301213

    Saudi Arabia is likely to extend its voluntary 1 million-barrel oil supply cut for the third consecutive month into October amid uncertainty about sup

    Diezani Alison-Madueke, Former Petroleum Minister Charged with Bribery in UK
    Oil

    Diezani Alison-Madueke, Former Petroleum Minister Charged wi...

    August 23, 202301476

    Diezani Alison-Madueke British police said on Tuesday they had charged former Nigerian oil minister Diezani Alison-Madueke with bribery offences, sayi

    Seplat Energy Plc Deepens Partnership with Edo State
    Oil

    Seplat Energy Plc Deepens Partnership with Edo State

    August 23, 202301920

    L-R: Base Manager, Western Assets, Seplat Energy Plc, Mr. Emmanuel Otokhine; Director, External Affairs & Sustainability, Mrs. Chioma Afe, Seplat

    Shell Begins Probe on Fresh Oil Spill in Rivers
    Oil

    Shell Begins Probe on Fresh Oil Spill in Rivers

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    The Shell Petroleum Development Company of Nigeria Limited, SPDC, says investigations have begun into the recent leaks from its transmission pipeline

    PETROAN Advocates for Refineries, In-Country Capacity
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    PETROAN Advocates for Refineries, In-Country Capacity

    August 21, 202301360

    The Petroleum Products Retail Outlets Owners Association of Nigerian, PETROAN, has called on the Federal Government to declare a state of emergency on

    NCDMB to Launch 17 Coys from Tech Incubation Centre
    Oil

    NCDMB to Launch 17 Coys from Tech Incubation Centre

    August 21, 202301226

    In furtherance of its mandate to catalyze research and development and support startups in the energy industry, the Nigerian Content Development and M

    Seplat Energy Provides Update to Previous Announcement Regarding Incident Involving Majestic Rig
    Oil

    Seplat Energy Provides Update to Previous Announcement Regar...

    August 17, 202301314

    Contrary to some media reports, the Majestic rig is owned by Depthwize Nigeria Limited and not Seplat.  As stated in our previous announcement, the ri

    NNPC Secures $3bn Loan to Stabilise the Naira from Afrexim Bank
    Oil

    NNPC Secures $3bn Loan to Stabilise the Naira from Afrexim B...

    August 17, 202301405

    The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to support the naira and stabilise the foreig

    Incident Involving the Majestic Rig near Ovhor, Delta State
    Oil

    Incident Involving the Majestic Rig near Ovhor, Delta State

    August 16, 202302377

    Seplat Energy regrets to announce a serious incident on the Depthwise swamp drilling rig “Majestic” in the early hours of this morning. Se

    Crude Oil Export Resumes at Shell Nigeria’s Forcados Terminal
    Oil

    Crude Oil Export Resumes at Shell Nigeria’s Forcados Termina...

    August 15, 202301323

    Exports of Nigeria’s Forcados grade of crude oil resumed on Sunday, a Shell spokesperson said on Monday, roughly a month after loadings of the medium

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