Category: Oil and Gas

Seplat Energy records 36.9% revenue growth despite crisis

Seplat Energy Plc, an indigenous oil exploration business, increased its revenue from $241.8 million to...

FG needs to fix Nigeria’s refineries – NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, has called on the...

How Nigeria can catch up industrialized nations with new gas policy – NLNG

The Chief Executive Officer of the Nigerian Liquefied Natural Gas Limited, Dr. Phillip Mshelbila, says...

Why Nigeria must embrace non-oil sources for survival  – NEPC 

The Executive Director/Chief Executive of the Nigerian Export Promotion Council, Dr. Ezra Yakusak, has said...

Oil prices surge as OPEC+ cuts output

The Organisation of Petroleum Exporting Countries has announced a surprise decision to cut production further,...

How Lekki Seaport will create 170,000 jobs – FG

The Lekki multi-purpose seaport, according to the Federal Government, is anticipated to create more than...

Petrol will cost below N500 after subsidy removal – PENGASSAN

The president of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo,...

Chad nationalizes all Exxon Mobil’s assets

The West African nation’s energy and hydrocarbons ministry said in a statement on Thursday that...

Natural gas will boost Nigeria, Africa’s economy – IGU

The International Gas Union has urged Nigeria and other gas-rich African nations to adopt indigenous...

How Nigeria spent N6.7trn on agric imports in five years – NBS

Figures from the National Bureau of Statistic shows that Nigeria spent N6.7 trillion in total...

Sales of crude oil increase by 46% to N21tn – NBS

Nigeria’s exports of crude oil increased by 46.41 percent in 2022, bringing the total to...

TotalEnergies to earn N85 billion in Q2 2023 – Report

For the second quarter of the year ending in June 2023, TotalEnergies Marketing Nigeria Plc...