Shell’s Namibia exploration well fails to discover oil and gas
Shell’s offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday. Namibia, which has yet to produce any oil and gas, has attracted strong…
Shell’s offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday. Namibia, which has yet to produce any oil and gas, has attracted strong…
Mele Kyari, the Group CEO of the Nigerian National Petroleum Company (NNPC) Limited has said that the country’s crude oil and condensates production is up to 1.67 million barrels per…
Nigerians are dissatisfied with the 8.8 per cent increase in the prices of Liquefied Petroleum Gas (LPG) The prices of LPG gas surged from N680 per kilogram to N740 per…
Following the directive by President Bola Tinubu to halt further increase in petrol prices, speculations are rife that the federal government may have secretly reintroduced subsidy. Media reports quoting presidency sources had alleged that…
The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the funding…
There was a casualty on Tuesday when an oil rig belonging to Seplat Energy Plc collapsed in Delta State. The affected oil rig is located near Ovhor in Delta State, Naija News understands.…
Aradel Holdings (formerly the NDEP Group), is up scaling investment in crude refining adding value in the crude oil processing value chain as the company’s modular refinery close up towards…
Several African countries have welcomed investment in oil and gas in recent years, as parts of the continent undergo industrialization and investors look to develop new reserves. Africa provides companies…
NNPC Group CEO Mere Kyari insisted yesterday that the company no longer writes the rules that regulate Nigeria's oil and gas industry. According to the Punch report, Kyari explained that…
Nigeria has regained its position as the largest oil producer in Africa, displacing Angola, according to a monthly oil report by the Organization of Petroleum Exporting Countries, OPEC. In April,…