NNPCL attracts South Korean investors for gas projects
The Nigerian National Petroleum Company Limited has met with a South Korean consortium led by Daewoo E & C to discuss the…
Oil and Gas
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Why fossil fuel phaseout is unavoidable – UN
The United Nations Secretary-General, António Guterres, stated that phasing out fossil fuels was not only necessary but also unavoidable. The PUNCH reported…
Nigeria, Morocco speed up talks on $30bn gas pipeline
The Federal Government has stepped up talks with the Kingdom of Morocco in an effort to expedite the process of reaching a…
Dangote fuel will be sold in naira not dollars – IPMAN
Juliet Buna Oil marketers clarified on Monday that the refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold…
Oil losses continue as Brent oil sells at $78 per barrel
Brent crude was trading at $78.47 a barrel at 03:53 am GMT on Monday, January 22, according to an early analysis of…
Dangote refineries to supply 150,000 IPMAN fuel stations
The Dangote Petroleum Refinery will deliver fuel to around 150,000 retail outlets managed by the Independent Petroleum Marketers Association of Nigeria, following…
Tackle revenue crisis with gas production, Accountants urge FG
The Association of National Accountants of Nigeria urged the Federal Government on Friday to enhance investments in the production of liquefied natural…
Eterna Plc names Aliu Kamiyo Chief Financial Officer
The Board of Eterna Plc has announced the appointment of Mr. Aliu Kamiyo as the company’s Chief Financial Officer. According to the…
No plan to leave Nigeria – Shell
Shell Plc has dismissed reports that it may leave Nigeria after selling its onshore business in the Niger Delta. Recall that Shell said…
Nigeria’s crude oil production hits 1.4mbd – OPEC
A report published by the Organization of Petroleum Exporting Countries, has revealed that Nigeria’s crude oil production will increase to 1.418 million barrels per…
Top ten oil producing countries in Africa
It has been a turbulent year for Africa’s top oil producers, with global oil demand falling 11% in the first half of…
Top 10 African countries with highest fuel price in 2024
A significant increase has hit the prices of fuel across the globe, especially in Nigeria following the removal fuel subsidy, which marked…