The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the East
Mr. Tony Elumelu, Chairman of Heirs Holdings Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Tra
Oil prices fell more than 2% on as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import dat
Mrs. Ada Oyetunde, MD NPSC Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management,
Ardova Plc (AP), a Nigerian integrated energy company, says it is set to conclude the acquisition of Enyo Retail and Supply Limited (Enyo), as discuss
Mallam Mele Kyari, GMD of NNPC …to focus more on gas, condensats for revenue growth The Nigerian National Petroleum Corporation (NNPC) has reiterated
Ben van Beurden, Shell CEO Oil major Shell will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impai
OPEC+ group’s compliance with the oil production cuts fell to 75 percent in December 2020—one of the lowest levels since the pact was enacted in May 2
BW Offshore made it known that it has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of Eni, until the en
On the current marginal field bid round which 161 companies have been shortlisted for the final stage by the Department of Petroleum Resources (DPR),