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Oil & Gas

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…

4 hours 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…

5 hours 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…

2 weeks 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…

2 weeks 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…

2 weeks 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…

2 weeks 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…

2 weeks ago

‎PINL’s Environmental Impact: Restoring Hope Through Pipeline Protection

CONFIDENCE AMAGBO  ‎ ‎For many years, communities across Niger Delta Region lived with the harsh realities of illegal oil bunkering…

2 weeks ago

Dangote Refinery Cuts Fuel Prices Again, Signals Further Moderation

Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), marking its…

3 weeks ago

EFCC Recovers N38.66bn, Properties in Multi-Billion-Dollar Refinery Fraud Probe, Moves To Prosecute NNPC Officials

The Economic and Financial Crimes Commission (EFCC) has recovered over N38.66 billion in cash and assets as part of an…

3 weeks ago
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