The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday opened bidding for 50 oil and gas blocks, targeting $10 billion in investment. The NUPRC Chief Executive, Gbenga Komolafe, announced the commencement... Continue

The Court of Appeal in Lagos temporarily restrained Nestoil Limited, Neconde Energy Limited, and two others from interfering with the duties of a receivership manager appointed over their assets amid an alleged $1.01 billion debt... Continue

A dispute over who is authorised to represent General Hydrocarbons Limited on Wednesday stalled proceedings in the suit filed by the company against the Asset Management Corporation of Nigeria... Continue

Fidelity Bank Plc has restated its commitment to advancing Nigeria’s oil and gas industry, with a strong focus on supporting indigenous operators. This was highlighted by the bank’s Managing... Continue

Dangote Group has announced a strategic partnership with Honeywell International Inc to support the next phase of expansion of the Dangote Petroleum Refinery. This collaboration will provide advanced technology... Continue

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a Profit After Tax of N5.4 trillion from total revenue of N45.1 trillion for the full year ended 2024.... Continue