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Oil and Gas
833 posts
Savannah signs gas supply agreement with Amalgamated Oil
Savannah Energy PLC, has announced that the Company’s 80% indirectly owned subsidiary, Accugas Limited, has entered into a…
Fuel scarcity: FCCPC, taskforce to clamp down on erring marketers, outlets
The Federal Competition and Consumer Protection Commission (FCCPC), yesterday warned oil marketers and retail outlets against arbitrary hoarding…
SPDC JV unveils more Community Trusts as PIA takes root in Niger Delta
Eight Host Community Development Trusts (HCDTs) have been unveiled in Rivers State, as NNPC/SPDC/TotalEnergies/NAOC Joint Venture consolidates the…
11Plc posts 53% revenue rise, pays N8.50 dividend in FY’22
Major oil marketer, 11Plc, has announced a 53% increase in gross revenue as well as a final dividend…
1,650 offshore contractors to strike over jobs and pay
Unite the Union confirmed on May 23 that about 1,650 contractors will begin two new rounds of 48-hour…
STRYDE wins $1m seismic technology contract for onshore oil, gas exploration in Nigeria
A global provider of onshore seismic acquisition technology and solutions, STRYDE, has been awarded a contract worth over…
Shell unlocks $56.13m for host communities
The Shell Petroleum Development Company, operator of the SPDC joint venture, yesterday unveiled eight Host Community Development Trusts…
Dangote Refinery to generate $21billion, employ over 100,000 youths
President of pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote, yesterday said the newly-inaugurated 650,000 barrels per day…
How NNPC paid off $3.8bn JV cash call debt to IOCs
The Nigerian National Petroleum Company (NNPC) Ltd., yesterday, said it leveraged its financial autonomy derived from the Petroleum…
NECA says Dangote Refinery will end products importation
The Nigeria Employers’ Consultative Association (NECA), said the planned inauguration of the Dangote Refinery will bring an end…