NNPC Ltd Not the Sole Offtaker; Market Open to Lower Prices from Any Domestic Refinery
The attention of the NNPC Ltd has been drawn to a press release by the Muslim Rights Concern, MURIC, which claims that the Dangote Refinery...
Category : Oil Economy
Africa: Us ‘Fossil Fuel Fanboys’ Stand for Africa – We Won’t be Deterred by Hateful Bashing
“Each time we seek attention and does not get it we resort to slander, innuendos, and sometimes, vituperation. But whichever way, and whatever name, Africa...
Shell to Invest in Phase 2 of Surat Gas Project in Australia
Arrow Energy, (as it is referred), an incorporated joint venture between Shell (50%) and PetroChina (50%), has announced plans to develop Phase 2 of Arrow...
NNPCL Says, “Prices are Determined by Free Market Forces”
Read What It Said through Its Communications Department The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that foreign exchange (forex) illiquidity has been...
EFCC’s Uncommon Commendation for NDDC
Those who follow the activities of the Niger Delta Development Commission, NDDC, may have been confused or bemused, hearing that the Chairman of the Economic...
Ghana Sets Out to Construct Africa’s Next Generation Petroleum Hub
Ghana is on its way to constructing a $12-billion strategic petroleum project (hub) which is expected to significantly enhance the country’s position in the global...
NNPC Releases its 2023 Audited Financial Statement
Posting N3.3trn Net Profit and Declaring N2.1trn Dividend Targets 2mbpd Crude Oil Production by Dec 2024 The NNPC Limited has released its 2023 Audited Financial...
NLNG Train 7: NCDMB Commissions Daewoo’s Galvanizing Plant
Highlights its significance to Africa’s Continental Free Trade Agreement Protocols The Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe...
Shell to invest in water injection at the GoM field
Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on a ‘waterflood’ project at its Vito asset in...