The National Assembly Wednesday passed a N9,120, 334, 977, 225, 2018 Appropriation Bill, an increase of N508 billion over the N8.612 trillion...
Shell’s Nigerian subsidiary has shut its Trans Forcados crude oil export pipeline in Nigeria due to a leak, the company said in a...
The Nigerian National Petroleum Corporation (NNPC) has recommended the splitting of petroleum licences into two components for prospecting and production phases under...
ALE claims to have performed the heaviest ever land-based crane lift using a jib while working on Total’s FPSO Egina module integration...
OPEC sees oil’s rally towards $80 a barrel as a short-term spike driven by geopolitics rather than any supply shortage, four OPEC...
Oil companies, called settlors, are to establish the Petroleum Host Communities Development Trust (Community Trusts) in communities where they operate. Settlors will...
Subsea 7 says it has won a “substantial” contract from Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in...
Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid...
Equatorial Guinea’s government plans to construct a natural gas megahub, Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang Lima, announced at the...
The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of Mr. Mele Kyari, incumbent Group General Manager in charge of its...
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Dangote Petroleum Refinery and Petrochemicals has increased its crude oil processing capacity to 700,000...
Nigeria’s crude oil production has surged to an 11-month high in May, 2026, with...
