#Oil&Gas

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has called for enhanced local capacities to grow the oil and gas industry in Nigeria. He made this call in Abuja on Wednesday,…

STATE HOUSE PRESS RELEASE President Bola Tinubu says his administration will continue to provide the needed interventions in the oil and gas industry in line with the provisions of the Petroleum Industry Act (PIA). …

Oil marketers have intensified efforts to import petrol into the country, following the liberalisation of foreign exchange rates by the Central Bank of Nigeria, CBN The prevalence of multiple foreign exchange rates and other…

After an unexpected dip in the month of April, Nigeria’s oil production grew by 14.4 percent in May to average 1.43 million barrels per day, latest figures from the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, have shown.…

...accuses Shell of killing the planet Following the struggle to balance investor pressure to capture profits from oil and gas, a vocal minority saying it must move faster to tackle climate change, Wael Sawan, the Chief…

The Dangote Petroleum Refinery Commissioning holding on Monday as President Muhammadu Buhari is also very ready to commission the 650,000 BPD Dangote Petroleum Refinery and Petrochemicals. This was disclosed by the Dangote…

Recently, the Tanzania's liquefied natural gas (LNG) project cost rises to $42 billion, surpassing initial estimates and making it the largest energy project in eastern and southern Africa. The project aims to develop…

Mr Basil Omiyi, the Chairman of Board, Seplat Energy, said the company’s total revenue rose by 29.8 per cent to $951.8 million as at financial year ended Dec. 31, 2022. Omoyi said this during his address  at the company’s 10th…

A Federal High Court, Abuja has restrained Seplat Energy Plc from holding its Annual General Meeting (AGM) fixed for May 10 pending the hearing and determination of the substantive matter. Justice Inyang Ekwo, in a ruling,…

Recently, the Indigenous oil exploration company, Seplat Energy Plc, grew its revenue by 36.9 per cent to $331m in the first quarter of 2023 compared to $241.8m in the same period last year. The firm’s unaudited financial…