Oil and gas

President Tinubu Celebrates Mike Adenuga as He Clocks 72

, and gas.

Nigeria's economy begins major shift as oil sector rebounds

"The nation's oil and gas reserves have been standing at more than 30 billion barrels and 203 trillion cubic feet respectively for too long.

Shell Nigeria gets new name after complete acquisition by Renaissance

"The Renaissance's vision is to be "Africa's leading oil and gas company, enabling energy security and industrialisation in a sustainable manner.

Nigerian Govt offers 17 new oil blocks for bidding

"In pursuit of the Commission's commitment to derive value from the country's abundant oil and gas reserves and increase production, the commission has been working assiduously with multi-client companies to undertake more exploratory activities

Israel-Iran conflict: Marketers hike petrol prices as crude oil hits $74pb

Investments in the oil and gas sector would post better returns if the conflict persists. High oil price is good news for upstream oil and gas investors." Nigeria eyes windfall, but risks linger - Prof.

US imposes fresh sanctions on Iran's shadow oil fleet

According to the head of Iran's National Iranian Oil Company, and the Iranian Oil Terminals Company, Treasury, the new sanctions are said to target oil brokers in the United Arab Emirates and Hong Kong, tanker operators and managers in India

Electricity tariff hike imminent as FG raises domestic base gas price for power firms

The NMDPRA also pegged the cost of commercial gas at $2.92mmbtu, up from the previous cost of $2.5 MMBTU. The adjustment comes amid calls by oil and gas companies for a migration to cost-reflective tariffs to attract investment.

We are yet to receive 29m barrels crude allocation - Dangote Refinery counters NUPRC

The feud between Dangote Refinery and NUPRC is a testament that all is not well with the country's oil and gas sector despite President Bola Tinubu's recent directive to Nigerian National Petroleum Company Limited, NNPCL, to sell crude to Dangote

Local firms, IOCs battle for 19 oil blocks in Nigeria

Nigerian indigenous firms and international oil companies are jostling for Nigeria's twelve onshore and Seven Deep Offshore oil blocks.

Top 5 African countries with active oil rigs in October 2024

Oil rigs or oil platforms refer to the machinery used to identify reservoirs and extract crude oil and natural gas from the earth's surface or seabed.

Negotiations: 'NNPCL want permanent office space at Dangote Refinery'

Edwin, Vice President (Oil & Gas) of Dangote Group, has revealed that the Nigerian National Petroleum Company Limited, NNPCL, has requested a permanent presence at the Dangote Refinery as part of the crude oil agreement.

Oando confirms complete acquisition of Nigerian Agip oil company

The acquisition also marked a significant milestone for Oando's long-term strategy to expand its upstream operations and strengthen its position in the Nigerian oil and gas sector.

Nigeria lost $750m to oil theft in 2019 - NNPC

He listed other security challenges facing the corporation to include vandalism of oil and gas infrastructure and kidnapping of personnel.

Actress Mimi Orjiekwe buys herself Lekki house and brand new Range Rover (Photos)

If I had known better, I would have probably pursued a career in the oil and gas sector. I love acting but there is no money in it as much as in the oil sector.

FG's New Gas Price: Electricity Tariff Hike Looms

Gas producers including international and domestic oil and gas companies, have repeatedly called for the upward review in the price of the product, stressing that this would be an incentive to ramp up production.

Photos Of Suspected Oil Thieves Arrested By The Nigerian Navy In Port -harcourt

suspected to be Automotive Gas Oil (AGO).

Tanker carrying 15,000 litres of AGO somersaults, spills content in Ibadan

On arrival, we met a fallen MAN trailer tanker with registration number EPE299XN (LAGOS) of 15,000litres capacity loaded with Automotive Gas Oil (AGO). It lost control whilst in motion and swerved to the road side, content gushing out.

Stella Oduah Purchased $13 Million Oil Tanker Before Being Sacked As Minister

This latest scandal, which involves the unexplainable purchase of a massive oil tanker, is connected to Mrs. Oduah's company Sea Petroleum and Gas Company Ltd.