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Oil & Gas

Oando Plc Grows Profit By 46% To N29bn

Oando Plc, an indigenous energy group, has said its profit after tax for the 2018 financial year rose by 46…

7 years ago

Appeal Court Dismisses Order Declaring NIMASA Levies On NLNG Illegal

NIMASA boss, Peterside   An Appeal Court sitting in Lagos, Friday, dismissed a judgment of a Lagos Federal High Court,…

7 years ago

UBA, Shell Partner To Provide Capital For Local Contractors

United Bank for Africa Plc has signed a $200 million contract with leading oil Exploration Company, Shell, which will see…

7 years ago

Chevron, NNPC Seal Gas Supply Deal For Dangote Fertiliser Plant

Chevron Nigeria Limited (CNL), operator of the CNL and the Nigerian National Petroleum Corporation (NNPC) joint venture, on Wednesday, signed…

7 years ago

Aiteo Clarifies Nembe Creek Fire Incident

 A suspected explosion was said to have occurred in the Niger Delta, within the vicinity of Nembe Creek Well 7,…

7 years ago

Ex Nigeria’s U-20 Star, Agbetu Dumps Football For Oil & Gas Business

Former Nigerian youth international Akeem Agbetu has finally dumped football for oil and gas business. Akeem who last played for…

7 years ago

We’re On Schedule To Finish Our $9bn Refinery in 2020 Says Dangote

African billionaire Alhaji Aliko Dangote said he is on schedule to finish his $9 billion oil refinery, which will be…

7 years ago

As President, I’ll Sell NNPC, Enrich My Friends –Atiku

The Peoples Democratic Party, PDP, Presidential Candidate, Alhaji Atiku Abubakar has reiterated his promise to selling the Nigeria’s major asset,…

7 years ago

Otedola Moves To Acquire Forte Oil Upstream, Power Firm

The majority shareholder of Forte Oil Plc, Mr. Femi Otedola, is planning to buy out the company’s upstream services and…

7 years ago

What Angola Can Learn From Nigeria Over Marginal Oil Production

The Nigerian experience with marginal oil field development had measurable success, with 24 licenses awarded to 31 companies, some as…

7 years ago
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