NNPC Ltd Says, “This is the Fact about OVH Acquisition.”
The Nigeria National Petroleum Company Limited now States: The attention of NNPC Ltd. has been drawn to a press release signed by Mr. Paul Ibe,...
Category : In the News
Oando Plc Completes Acquisition of Eni’s Subsidiary for $783m
Oando Plc says it has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783m. It announced this Thursday in a statement...
Europe Battles Unfavourable Power Prices as Renewables Flood the Grid
According OilPrice, Europe groans as its power markets experience a notable shift, resulting from the impact of renewables, particularly wind and solar – which has...
NNPCL $6.8BN Non-Remittance: Verify issues before disseminating information – Olufemi tells reporters
Says there’s regular tax payments into the Federation Account The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted a media report claiming that the...
Shell’s chain of awards at SPE NAICE2024 testifies to its commitments to operational excellence – Analyst
Shell Companies in Nigeria (SCiN) won the coveted Best Exhibitor award at the 2024 Nigeria Annual International Conference and Exhibition of the Society of Petroleum...
We’ll make a case for investment to grow Nigeria’s output – Platform Petroleum
With ambitious plans to increase Nigeria’s oil output, indigenous energy company Platform Petroleum Chairman Dumo Lulu-Briggs recently announced that he would invest as much as...
Economic Sabotage: Count us Out – NNPC Ltd
The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of the enabling laws guiding its...
Chevron introduces a deepwater technology for high-pressure reservoirs
Chevron Corporation has launched historic production at its $5.7-billion Anchor project in the Gulf of Mexico with the first-ever successful application of new high-pressure technology...
EIA reports sudden oil reserves rise for public US companies
The Energy Information Administration (EIA) reports that the publicly traded oil and gas companies had on Monday recorded an increase in proved reserves for last...
Our 2025 routine gas flare down target hasn’t changed – Seplat Energy
All projects to achieve that milestone are intact “For Nigeria, it is important we use what we have (which is gas) to address the energy...