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...
Category : Oil Economy
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...
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...
Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft
The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism...
LFG-to-RNG production to more than double by 2030 – Wood Mackenzie
Project success depends on location and scale It offers lowest cost option for RNG production, but only 10% of resource potential currently tapped Landfill gas...
OPEC+ Ministers Uphold Current Production Policy
‘They stressed that this plan could be adjusted or halted if needed’, Rystad Energy Senior Analyst Svetlana Tretyakova said. In an online meeting on August...
Chevron removes non-essential personnel from Gulf of Mexico sites as Debby approaches
Chevron Corp said on Sunday that, non-essential personnel from its Blind Faith and Petronius facilities in Gulf of Mexico have been removed as Tropical Storm...