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Oil & Gas
Shell Turns to Chinese Contractor for Key Nigeria Contract
Shell has awarded China’s Offshore Oil Engineering Company (COOEC) a key contract to provide a platform jacket and topsides for a shallow-water gas and condensate project offshore…
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Nigeria Govt. Change NNPC Board
Nigeria ousts entire NNPC board and brings in new top executives
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Weak oil production to drag GDP growth in Q3, full-year
Against the backdrop of the weak performance in Nigeria’s latest figures of the Gross Domestic Product, GDP, analysts have painted a hazy picture of the immediate future for the…
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John Kerry urges oil and gas chiefs to bring climate change plans to UN summit
US climate envoy urges the industry to commit to renewable energy investment and emissions cuts by 2030
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Dangote Refinery Exports Jet Fuel to Europe
Nigeria’s Dangote refinery has made a historic move by exporting its first jet fuel cargo to Europe.
This signals a significant milestone in the global energy market and showcasing…
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Oando’s Turnover Grew to N3.4trn – Executive officer
An energy solution provider, Oando Plc, has posted a turnover of N3.4 trillion in its 2023 full-year-end unaudited financials. The figure represents an increase of 71 per cent when…
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Nigeria Loses N149bn to One-Day Oil Workers Strike
Nigeria may have lost about N148.8bn in oil revenue on Monday as a result of the industrial action embarked upon by the Organised Labour to protest against the N60,000 minimum wage…
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NNPCL, Indorama Sign Agreement on Gas Supply
Among these many new investments, Indorama Petrochemical Limited pledged a new investment of $8 billion in the expansion of its fertilizer production and petrochemical facility in…
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NEITI Exposes Staggering $8.264 Billion Unsettled Debt in Oil and Gas Sector
In a revelation of paramount significance, the Nigerian Extractives Industries Transparency Initiative (NEITI) announced that the total outstanding financial liabilities in the oil and…
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Oil Firms Consider Remote Monitoring Tools For Pipeline Protection
Key oil and gas experts are gathering in Italy to brainstorm on a number of options to support drive towards securing oil pipelines and improve transportation of oil and gas especially…
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