Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, Continue Reading
At the 2019 International Petroleum Conference held in London, recently, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, was reported to have copiously highlighted major Continue Reading
French supermajor Total said on Tuesday that it had started up production at the Kaombo Sul oil development, adding 115,000 bpd to bring Total’s overall production capacity to 230,000 bpd, Continue Reading
There are indications that ExxonMobil has concluded plans to divest from some onshore and offshore fields worth $3 billion in Nigeria. Industry and banking sources that made this disclosure to Continue Reading
Exxon Mobil may sell a suite of oil and gas fields it holds in Nigeria and has commenced talks on the sales as it focuses on new developments in United Continue Reading
The government should demonstrate seriousness in diversifying the economy The pledge by the federal government to build a digital economy around the creative sector to create jobs for young people Continue Reading
The 650,000 barrels per day Dangote refinery is expected to produce 65.4 million litres of petrol, diesel, aviation fuel and Kerosene daily when it becomes operational. According to the Group Continue Reading
Bayelsa State Governor, Mr. Seriake Dickson has lamented the environmental despoliation in the Niger Delta saying the region records about 40 million litres of oil spill annually as against 4 Continue Reading
The Federal Government has kick-started the rehabilitation of Port Harcourt refineries. Speaking yesterday at the inauguration ceremony in Port Harcourt, Dr Maikanti Baru, Group Managing Director of NNPC, said the Continue Reading
A gas shortage in Angola, one of Africa’s leading oil producers, means drivers in the capital Luanda have to form lengthy queues to fill up their tanks. The shortages are Continue Reading
