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Oil & Gas

Oil Spillage: CSOs Want Nigerian Govt Halt Ogoni Oil Production

AGBOGE ENIYE ESTHER A coalition of 46 civil society organisations (CSOs) has demanded a halt to oil production in Ogoniland…

5 days ago

Dangote Refinery Drops Petrol To ₦1,165/Litre, Diesel To ₦1,570/Litre

Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil…

6 days ago

NEC Approves Refinancing Of $3.3bn Project Gazelle To Optimise Cost, Unlock Additional Liquidity

The National Economic Council (NEC) has approved the refinancing of the US$3.3 billion Project Gazelle Pre-Export Finance Facility through a…

1 week ago

100% of Zero Is Zero: What NLNG Teaches Us About The Bonga South-West Tax Incentive

BABS OMOTOWA  Bloomberg recently reported that the Federal Government has agreed to an $11.5-per-barrel tax incentive to enable Shell's $20…

3 weeks ago

Asharami, 30 Others Emerge Winners in Nigeria’s 2025 Oil and Gas Licensing Round

Thirty-one companies have emerged as winners of 37 oil and gas blocks following the commercial bid conference of the 2025…

3 weeks ago

FIRST E&P Backs Next Generation of Nigerian Engineers at Olympiad Finale As Modibbo Adama University Emerges Grand Prize Winner, Secures N50M

FIRST Exploration & Petroleum Development Company (FIRST E&P), a leading integrated independent Exploration & Production company with full-cycle upstream delivery…

1 month ago

ExxonMobil To Invest $1bn in Nigeria’s Usan Infill Oilfield, Targets 40,000 bpd

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add…

1 month ago

AGPC Signs Network Entry Agreement With NGIC Unlocking 250 MMscf/d Gas Injection

The ANOH Gas Processing Company Limited (AGPC) has achieved another major milestone in its commercial journey with the signing of…

1 month ago

Fidelity Bank Deepens Support for Oil, Gas Sector with SNEPCo Contractor Finance Facility

Fidelity Bank Plc has reinforced its commitment to Nigeria’s oil and gas sector through its participation in the $3 billion…

1 month ago

NNPC Reduces Operating Costs by $3.4bn Through Contract Restructuring

The Nigerian National Petroleum Company Limited, NNPC Ltd, has recorded a $3.4 billion reduction in operating costs through an aggressive…

1 month ago
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