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Oil and Gas
847 posts
Shell to invest $15bn across 2023 to 2025 on low-carbon energy solutions
Shell plc today said it plans to invest between $10 and $15 billion across 2023 to 2025, to…
Tinubu meets with ExxonMobil top management
President Bola Tinubu, yesterday, said he met with executives of ExxonMobil Company and Mobil Producing Nigeria Unlimited (MPNU).…
Nigeria’s NNPC winding down crude oil swap contracts, CEO says
Nigeria’s state oil firm NNPC Ltd is winding down crude swap contracts with traders and will pay cash…
Fuel Subsidy: IPMAN rejects pump prices fixed by NNPCL
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has rejected the fuel pump prices fixed by the Nigerian…
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…