Oil & Gas

COP28: How Nigeria Utilises Gas To Drive Energy Transition – NNPCL Boss

The Group Chief Executive Officer (GCEO), Nigeria National Petroleum Company Limited (NNPC), Mr. Mele Kyari has highlighted Nigeria's efforts in… Read More

5 months ago

Nigeria, Ghana, Others Lead Consortium To Deploy 5 GW Battery Energy Storage Systems

Ten countries, including Egypt, Ghana, India, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo, joined the Battery Energy Storage Systems (BESS)… Read More

5 months ago

Port Harcourt Refinery Is Over 75%  Completed, Says Managing Director

Amidst the flurry of refurbishment activities at the Port Harcourt refinery, Ibrahim Onoja, the Managing Director, disclosed that significant strides… Read More

5 months ago

OPEC Announces 1 Million Bpd Cut In Monthly Oil Output For 2024 To Bolster Market Stability

In a move aimed at fortifying oil market equilibrium, the Organisation of Petroleum Exporting Countries (OPEC) and its allies announced… Read More

5 months ago

Nigerian Senate To Enlist EFCC Against 15 Oil Firms Over N135 Billion CBN Loan

In a heated session, the Nigerian Senate Committee on Gas Resources wielded the sword of the Economic and Financial Crimes… Read More

5 months ago

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Amidst escalating tensions within the Organization of Petroleum Exporting Countries (OPEC), Brent crude surged to $83.60 per barrel, setting the… Read More

5 months ago

Dangote, Others Summoned As Gas Production Drops Despite N250bn Fund

The Nigerian Senate has summoned Dangote Refinery and several other prominent entities for an urgent inquiry into the decline in… Read More

5 months ago

Chappal Energies Acquires Equinor’s Nigerian Assets Amid OPEC Disagreement on Oil Output

In a development within the oil and gas sector, Chappal Energies, a Nigerian-owned energy company, has sealed a deal to… Read More

5 months ago

Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production

Increasing crude oil production output which provides over 90 per cent of Nigeria's revenue has continued to elude the country… Read More

5 months ago

Nigeria’s Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

Diesel prices in Nigeria have surged to N978 per litre as of Tuesday, November 28, according to data released by… Read More

5 months ago

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