Namibia’s Orange basin offers optimism despite declining high impact exploration drilling,...
The latest analysis from Westwood Global Energy Group reveals that despite favorable oil prices in 2022, high-impact exploration drilling in 2023 declined by 21%,...
Oando’s bid to get Eni’s $500 million Nigeria asset approved
Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for the sale of a Nigerian subsidiary to Oando PLC.
Sale of...
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Oando’s bid to get Eni’s $500 million Nigeria asset approved
Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for the sale of a Nigerian subsidiary to Oando PLC.
Sale of...
Nigeria’s current trade balance rises to $1.43bn amid economic challenges
Nigeria’s current account balance has increased to $1.432 billion in 2024 despite the economic downturn ravaging the country, data from the International Monetary Fund’s World Economic...
Nigeria, China Sign $1.2B Gas Processing Plant Deal
By Adedayo Osho
Nigerian investment firm, BFI Group has entered into a $1.2 billion deal with China National Chemical Engineering Company, otherwise known as CNCEC,...
SUPPORT: Orphanage Centres Short of Fund
By Mutayoba Arbogast
In Tanzania, a poignant narrative of struggle and resilience unfolds within the walls of orphanage centers, where the dreams of countless children...
Low oil production threatening our ability to achieve 2024 budget revenue — FG
The Federal government has decried the impact of lower crude oil production volumes on its revenues and ability to achieve the N19 trillion revenue...
LIST: Dangote Oil Exported to Four African Countries
Adedayo Osho
Dangote Petroleum Refinery, Nigeria's recent functioning refining company has extended its exportation of petroleum to four African countries.
Cameroon, Ghana, Angola and South Africa are...
Shell Nigeria Appoints New Managing Director, Resumes on Independence Day
By Adedayo Osho
A new Managing Director has been named by Shell for its Deep-water Subsidiary in Nigeria, the Shell Nigeria Exploration and Production Company...
Nine New Refinery Licences Issued in Nigeria
Nigeria's Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued licenses for nine modular refineries. Farouk Ahmed, the Chief...
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