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Oil & Gas

FG Opens Bidding For 50 New Oil Blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday opened bidding for 50 oil and gas blocks, targeting $10 billion in investment.…

6 months ago

Nestoil Tower Repossessed As Appeal Court Reverses Order On Alleged $1.01bn Debt

The Court of Appeal in Lagos temporarily restrained Nestoil Limited, Neconde Energy Limited, and two others from interfering with the duties of a receivership…

6 months ago

Court Proceedings Halted As Two SANs Claim To Represent General Hydrocarbons

A dispute over who is authorised to represent General Hydrocarbons Limited on Wednesday stalled proceedings in the suit filed by…

7 months ago

Fidelity Bank Reaffirms Support for Indigenous Oil, Gas Development

Fidelity Bank Plc has restated its commitment to advancing Nigeria’s oil and gas industry, with a strong focus on supporting…

7 months ago

Dangote Picks Honeywell For Major Refinery Capacity Upgrade To 1.4mbpd

Dangote Group has announced a strategic partnership with Honeywell International Inc to support the next phase of expansion of the…

7 months ago

NNPCL Declares N5.4trn Profit For 2024, Targets 3m BPD Output By 2030

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a Profit After Tax of N5.4 trillion from total revenue…

7 months ago

TotalEnergies Senegal To Speak At MSGBC 2025

OKOBIA RAYMOND Oil and gas supermajor TotalEnergies’ Senegalese subsidiary – TotalEnergies Senegal – will be represented at the MSGBC Oil,…

7 months ago

Savannah Energy Wins Great Place To Work Award

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, is delighted to announce that…

7 months ago

Investors Cautioned: Nestoil Towers Under Court Restraint, Not for Sale —Drawcok

Drawcok Estate Limited has issued a formal public warning highlighting unlawful efforts to sell, lease, or assume control of the…

7 months ago

Court Freezes Plural Oil’s Accounts Over N3.1bn, $835,000 Debt As EFCC Investigate Diversion

BY MICHAEL AKINOLA  Justice Akintayo Aluko of the Federal High Court in Lagos has granted an interim order freezing the…

7 months ago
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