Business

Oilserv Limited, one of the companies handling the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline, has said that the…

Abu Dhabi, UAE – A revival in manufacturing across the world holds the key to the mid-term recovery of oil and gas markets, with…

The Federal Government of Nigeria has made its intention to fix the Unit Operating Cost (UOC) of producing crude oil in Nigeria…

Following the conclusion of the OPEC and non-OPEC meeting held on June 6th, 2020, Nigeria has reconfirmed its commitment to…

The 11th OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Saturday, 06 June 2020, under the Chairmanship…

The 179th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held via…

The Liberian Government is seeking interest from companies on participating in the offshore license round, which was open since…

Paris, – Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm…

The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, has cleared the air on media reports that Nigeria…

President Muhammadu Buhari has said that Nigeria will stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as…

By Ndubuisi Micheal Obineme Victoria Island, Lagos - The Department of Petroleum Resources (DPR), on behalf of the Federal…

By Olagbaju Adefemi Jackson Lagos, NIGERIA, -- Nigeria LNG Limited (NLNG) has secured $3 billion for the development of its…

Paris, May 29, 2020 – Total's Shareholders’ Meeting was held as a closed session at the Company’s headquarter, on May 29, 2020,…

By Ndubuisi Micheal Obineme Chevron Corporation has officially announced new actions that it will take in response to the…

Paris, – In accordance with its policy in favour of employee shareholding, the Board of Directors of TOTAL S.A. decided, on…

By Ndubuisi Micheal Obineme Chief Timipre Sylva, Nigeria's Minister of State for Petroleum Resources, has said that the…

Shell Nigeria Exploration and Production Company (SNEPCo) has begun the 5th turnaround maintenance at Bonga and its crude oil…

By Ndubuisi Micheal Obineme UBA has launched its second edition webinar titled: 'UBA Africa Day Conversations 2020: Growth,…

The Petroleum Technology Association of Nigeria (PETAN) has commended the signing of the engineering, procurement, and…

ABIDJAN, Ivory Coast, -- The African Development Fund has approved a 4.02 million euro loan with a grant component to finance…

NEW YORK (Reuters) - Oil prices rise in the last two weeks as some countries relaxed coronavirus restrictions to allow factories…

The Equal by 30 campaign aims to have public and private sector commitments to work towards equal pay, equal leadership and…

NAIROBI, Kenya, -- In yet another bold move, TSAVO Oilfield Services (TSAVO) becomes a signatory of the Equal by 30 campaign,…

Private oil marketers have joined the Nigerian National Petroleum Corporation in the importation of petrol, according to VON. …

The Petroleum Products Pricing Regulatory Agency (PPPRA) is pleased to announce that the Country has exceeded its Liquefied…

Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a…

LUANDA, Angola, -- With an economic recession expected at -1.4% by the International Monetary Fund (IMF) this year, Angola is…

By Ndubuisi Micheal Obineme Mr. Mike Sangster, Managing Director, Total E&P Nigeria Limited, has said that Total has made…

Five Mining contracts were signed with three different companies and follow the conclusion of the country’s first mining…

WASHINGTON (Reuters) - The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in…