Walcot Group, a well-known Nigerian energy company, has signed a production sharing contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The signing took place last …
OIL
- AfricaBusinessEconomyEnergyInternational RelationsOil & Gas
The Organisation of Petroleum Exporting Countries(OPEC)+ will consider an oil output cut of more than a million barrels per day (bpd) when it meets tomorrow for the first time in …
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
Major Oil Marketers hail NNPCL’s acquisition of OVH Energy
The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of the largest downstream oil and gas companies in the country, has congratulated the Nigerian National Petroleum Company Limited …
Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken fuel demand. Brent crude futures for September settlement …
Five international oil companies operating in Nigeria’s oil and gas sector are to remit an outstanding balance of about N400bn to the Federation Government through the Nigerian National Petroleum Company …