ExxonMobil Renews Oil Mining Leases for 20-Year
ExxonMobil Nigeria has expressed commitment to maintain a significant deepwater presence in Nigeria for the next 20 years to unlock a sizeable potential value in its renewed Oil Mining Leases (OMLs)
Eterna reiterates commitment to deepening gas utilisation in Nigeria
Eterna Plc says it is investing in the colocation of Compressed Natural Gas (CNG) and Liquefied Natural Gas (LPG) skids across some of its retail outlets in the country.
FG recovered N2.6trn revenue from oil coys – NEITI
The Federal Government has recovered a total of N2.6 Trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative (NEITI) National Assembly intervention.
Seplat Energy’s Amukpe-Escravos Pipeline Begins Operation
Seplat Energy Plc today announces that it has begun commercial injection of crude oil through the new Amukpe-Escravos Pipeline.
Transform Nigeria to Energy Hub of Africa – Heritage Energy
Mr Ado Oseragbaje, Chief Executive Officer, (CEO), Heritage Energy Operational Services Limited (HEOSL), has called on Federal Government to use its comparative advantage and work to position Nigeria as the energy hub of Africa.
Oil Rises as Prospect of Iran Deal Dims
Oil prices rise on supply concerns triggered by declining prospects of an Iran deal while an estimated increase in the United States (US) inventories capped further price upticks, raising demand woes.
Oil Prices Decline as IEA Sees Demand Slowdown
Oil Prices Decline as IEA Sees Demand Slowdown
Ekpo Wades Into Cooking Gas Supply, Price Hike Challenges
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has waded into the challenges of constant price increment of Liquefied Petroleum Gas (LPG) in the country’s domestic market.
Oil Climbs as Geopolitical Risks Worsen
Oil prices climbed again on Friday as geopolitical risks continued to grow. ICE Brent price rose by 2.09% to $79.03 per barrel from the closing price of $77.41. Also, West Texas Intermediate (WTI) increased by 2.11% to $73.54 per barrel from $72.02 per barrel.
Oil Leak at TotalEnergies Egina Field Minor, Contained – Official
TotalEnergies has confirmed that the oil leak at its Egina Floating Production Storage and Offloading (FPSO) vessel has been contained.
