Energy

Nigeria’s state oil firm NNPC has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August, sources with direct knowledge of the matter said. The …

In an apparent reflection of the measures taken to achieve stability in the global market by the Organisation of Petroleum Exporting Countries, OPEC, pipeline vandalism and oil theft in the …

Ruling comes ahead of trial in which bank is accused of enabling $875m in misappropriated payments Nigeria has succeeded in an effort to force JPMorgan Chase to disclose more documents …

Despite the shocks that plagued the oil market last year, a semblance of good news has materialised for Nigeria and other oil-producing nations under the Organisation of the Petroleum Exporting …

Axora has announced to launch the first international competition to discover new cost-saving digital technology for industrial companies, which can produce rapid benefits within a year. The metals and mining …

Construction of the Lekki Deep Sea Port has reached 50 per cent with the completion of the 1,909 meters long core of the main breakwater while work on the quay …

The management of the NLNG Ship Management Limited, NSML, the shipping arm of the Nigerian Liquefied Natural Gas, NLNG, has given reason for putting its vessels in the Bermudian Ship …

Aspen Technology, a leading provider in asset optimisation software, has partnered with Larsen & Toubro Infotech (LTI) to deliver AspenTech solutions through LTI managed cloud services, which will accelerate the …

Petrofac, an offshore engineering specialist has secured a contract with BP to develop operational procedures for their Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal. The procedures will encompass …

The oil giant invited local and international banks to be a part of the public share sale of ADNOC Drilling, which will be due later this month. According to Reuters …