Nigeria produces 115m barrels, 75% of budget benchmark in Q1 amid struggling oil output
Amid Nigeria’s crude oil production struggle, the country managed to drill 115 million barrels of the commodity in the first quarter of 2023, a THISDAY
Author : Editor
S&P Survey: OPEC crude oil production dropped by 300,000 Bpd in March amid Russian sanctions
Crude oil production from the Organisation of Petroleum Exporting Countries (OPEC) and allies fell by 300,000 barrels per day in March as sanctions hit Russian
Oil marketer blames high cost of cooking gas on inadequate infrastructure, FX scarcity
Founder and Chief Executive Officer of Hyde Energy Limited, a downstream oil and gas company, Mr. Oladimejj Edwards, has attributed the high cost of Liquefied
Nigeria, other African countries to benefit from AfDB’s six-year fertilizer strategic plan
The African Development Bank (AfDB) has stated that its Africa Fertilizer Financing Mechanism (AFFM) strategic plan 2022-2028 is committed to mobilising funds to support the
Two investors acquire Fidelity Bank’s 3.04b shares placement
Fidelity Bank Plc has sold additional shares to two investors in a special private placement valued at about N14 billion. Fidelity Bank at the weekend
AMCON takes over firm’s assets over N2b debt
The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Glano Nigeria Limited over N2 billion debt. The move by the corporation
NNPC justifies payments of billions of naira in gratuities to Kyari, Ajiya, says it is legit
By Emeka Ugwuanyi The management of the Nigerian National Petroleum Company Limited (NNPCL) has justified payments of billions of naira in gratuities to the first
NNPC expanding activities in frontier basins for more oil finds – Kyari
By Emeka Ugwuanyi The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kolo Kyari, said the national oil company
Court grants Lekoil injunction against Optimum Petroleum over OPL 310 offshore Lagos
By Emeka Ugwuanyi Lekoil Nigeria Limited, an oil and gas exploration and production company with a focus on Nigeria and West Africa, has been granted
‘Bonga delivered on its mandate more than expected’
Shell’s Bonga oil field exported its one billionth barrel on February 13, 2023. It is a feat hardly achieved by any oil field in the
