Aradel Holdings Plc has announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire a 40 per cent equity interest in ND Western …
BusinessEconomyEnergyINVESTMENTNigeriaOil & Gas
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NIGERIAN UPSTREAM PETROLEUM REGULATORY COMMISSION
- BusinessEconomyForeign ExchangeGovernanceINVESTMENTOil & Gas
Nigeria Records 16-Year Low in Crude Oil Theft
Nigeria has achieved its lowest level of crude oil theft in 16 years, a development analysts say could ease pressure on the foreign exchange market, boost fiscal revenues, and restore …
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasTechnologyWestern Africa
NNPC launches crude oil theft monitoring applications
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday launched ‘Crude Theft Monitoring Applications’ to curb oil theft and pipeline vandalism. The launch was held in Abuja on the …
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
NUPRC rejects sale of ExxonMobil’s assets as approved by Buhari
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has rejected the sale of ExxonMobil’s assets to Seplat Energy as approved by President Muhammadu Buhari. Recall that the President had in a statement …