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Lekan Akinyanmi Remains Lekoil Nigeria CEO
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    Lekan Akinyanmi Remains Lekoil Nigeria CEO
    Oil

    Lekan Akinyanmi Remains Lekoil Nigeria CEO

    June 5, 202101855

    Lekoil Nigeria Limited notes the decision of Lekoil Limited (“Lekoil Cayman”) to terminate the service of Mr. Lekan Akinyanmi and remove him as Lekoil

    Oil Increases towards $72 on Demand Prospects
    Oil

    Oil Increases towards $72 on Demand Prospects

    June 5, 202101274

    Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about pa

    Proposed Acquisition, Reverse Takeover and Suspension of Trading
    Oil

    Proposed Acquisition, Reverse Takeover and Suspension of Tra...

    June 3, 202101050

    Savannah Energy PLC, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nig

    WED 2021: Chevron Nigeria Limited’s Commitment to Ecosystem Restoration
    Oil

    WED 2021: Chevron Nigeria Limited’s Commitment to Ecosystem ...

    June 3, 202101507

    “To cherish what remains of the Earth and to foster its renewal is our only legitimate hope of survival.” These words of Wendell Erdman Berry undersco

    NIPS 2021 to Produce Oil and Gas Industry Action Plan for Post-Covid-19 Pandemic Era
    Oil

    NIPS 2021 to Produce Oil and Gas Industry Action Plan for Po...

    June 3, 202101489

    …Ministerial session to feature African Energy Ministers The Nigeria International Petroleum Summit (NIPS), the African Petroleum Technology & Busines

    Crude Oil Export Revenues Slumped By 98 Percent in Three Months in Nigeria
    Oil

    Crude Oil Export Revenues Slumped By 98 Percent in Three Mon...

    June 3, 202101477

    Nigeria’s crude oil export revenues slumped by as much as 98 percent from March to April this year because of movements in the price of gasoline, the

    NIPCO, Andova, MRS, Oudua, Genesis and Others Win Marginal Oil Field
    Oil

    NIPCO, Andova, MRS, Oudua, Genesis and Others Win Marginal O...

    June 3, 202102102

    The Department of Petroleum Resources (DPR) has given letters to the following companies as winners of the marginal oil field. These include North Oil

    OPEC+ Ease Production Cuts Return 2mb/D to the Market
    Oil

    OPEC+ Ease Production Cuts Return 2mb/D to the Market

    June 1, 20210985

    OPEC and its non-OPEC partners agreed on Tuesday to gradually ease production cuts with return of  2 million barrels a day (mb/d) of the adjustments t

    NNPC to Acquire Equity in Private Refineries in Line with FG’s Policy
    Oil

    NNPC to Acquire Equity in Private Refineries in Line with FG...

    June 1, 202101541

    …To Safeguard National Energy Security The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation

    Oil Increases near $70 a Barrel as Demand Outlook Improves
    Oil

    Oil Increases near $70 a Barrel as Demand Outlook Improves

    June 1, 202101154

    Oil prices firmed on Monday, with Brent trading near $70 a barrel on growing optimism that fuel demand will grow in the next quarter, while investors

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