Oil & Gas

Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far repaid a total of $3.72bn to five international oil firms, leaving an outstanding balance of …

The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $123.21 per barrel Thursday. This is compared to $121.54 per barrel …

Shell Plc will receive two final bids for its stake in its Nigerian joint venture this week from Tony Elumelu’s Heirs Holdings and local firm ND Western Limited, Bloomberg reported …

Oando, one of Africa’s largest energy solution provider will make provision for a renewable energy that will facilitate the deployment of electric mass transit buses, charging centers and supporting charging …

According to a Reuters survey released on Tuesday, Nigeria’s crude oil production rose by 70,000 barrels per day in May. The document, made public  in Lagos, showed that the country’s crude oil …

Platform Petroleum Limited, Nigeria’s leading indigenous oil & gas production company has felicitated Nigerian children on the occasion of the 2022 ’s Children’s Day celebration. “Children’s Day is a historic …

 Seplat Energy Plc has announced the appointment of Basil Omiyi as its new independent non-executive chairman. Mr. Basil Omiyi replaces A.B.C Orjiakor whose tenure ended Wednesday. According to a notice …

French oil major TotalEnergies has launched a sale of its minority stake in a Nigerian oil joint venture. A document tendering for interest showed that the oil firm appointed Canada’s …

The NBS also says that Kaduna residents paid the highest price for petrol in April, compared to other states. The National Bureau Statistics (NBS) says the average retail price paid by …

President Nana Addo Dankwa Akufo-Addo says reducing taxes on petroleum products will not be in the interest of the nation. He said the suggestion was not a sustainable one because, …