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Oil and Gas
852 posts
IMF tasks SSA exporters to build buffers from oil windfall
Oil exporters in sub-Saharan Africa (SSA) have been urged to target buffers of around 5 to 10% of…
No non-performing loans on NCIF, says NCDMB
. Disburses over $293.3m to 61 firms . Supports gas as transition fuel By Clara Nwachukwu The Nigerian…
Savannah Energy announces termination of SPA for PETRONAS’ Chad, Cameroon assets
. Concludes ExxonMobil’s Chad, Cameroon $407m portfolio acquisition Savannah Energy PLC announced that it had entered into a…
Shell emerges best local content operator
Shell Companies in Nigeria have been named the best local content operators at the 2022 annual industry dinner…
Distributors ready to work with DSS to curb fuel scarcity
The Association of Distributors and Transporters of Petroleum Products (ADITOP), yesterday said it has authorised depot chairmen nationwide…
Nigerian content level hits 54% in 2022, says NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB), yesterday, said it has recorded a 54% Nigerian content level…
NSA warns Nigeria may lose $23bn to oil theft
.As country struggles to meet 1.8mbpd OPEC quote The National Security Adviser, Major General Babagana Monguno (retd), yesterday…
NNPC, ONHYM, five ECOWAS countries sign MoU on Nigeria-Morocco gas pipeline
The Nigerian National Petroleum Company (NNPC) Limited, yesterday, signed a memorandum of understanding (MoU) with Morocco and the…
Shell to acquire renewable natural gas producer Nature Energy
Shell Petroleum NV, a wholly owned subsidiary of Shell Plc, has reached an agreement with Davidson Kempner Capital…
NNPC, NIPCO partner on gas infrastructure dev’t
The Nigeria National Petroleum Company (NNPC) Limited and NIPCO Gas Limited, have signed a gas infrastructure agreement with…