The House of Representatives has passed the second reading of a bill that seeks to grant state governments full control over oil and mineral resources within their territories. If passed …
Abuja — The Federal Government’s investigative panel set up to unravel the controversial “naira-for-crude oil” swap deal is expected to reconvene on Monday, March 25, amid growing public concern over …
Industry experts have described the ongoing sale of Shell Petroleum Development Company (SPDC) and ExxonMobil assets as a golden opportunity to deepen local content in Nigeria’s oil and gas sector. …
Nigeria faces a staggering economic setback following a pipeline explosion in Rivers State, potentially leading to losses exceeding $35.3 million daily. The incident, which significantly hampers oil exports from the …
President Bola Tinubu has officially declared a state of emergency in Rivers State, Nigeria, following escalating political instability and governance challenges in the region. The move comes after mounting tensions …
A pipeline explosion in Rivers State early tuesday has disrupted Nigeria’s oil exports, creating serious concerns for the economy. The damaged infrastructure connects onshore production sites to key export terminals. …
ln a significant step toward advancing Nigeria’s industrialization ambitions, Alpha Grip Management Company (AGMC), a subsidiary of UAE-based Alpha Group, has partnered with China National Chemical Engineering International Corporation Ltd. …
Nigerian billionaire Aliko Dangote’s mega-refinery, Dangote Oil Refinery has propelled his net worth to $27.8 billion, securing his position as the 65th richest individual on Bloomberg’s Billionaires Index. This increase of …
Compass Survey Limited, a company providing survey and positioning services to the Nigerian oil and gas industry, is proud to announce the award of a significant new contract with SeaBot …
TotalEnergies (TTEF.PA), a major French oil company, announced on Monday its decision to exit an offshore natural gas block located off the southern coast of South Africa due to the …