The oil and gas industry generated over N493.77 billion in revenue in the third quarter (Q3) of 2023, with Seplat closing the period as the best-performing...
Companies operating in the Nigerian oil and gas sector have dominated trading activities in the capital market in the last week as investors mop up oil...
Nigerian oil companies are the biggest gainers in the scarcity of Premium Motor Spirit (PMS) within the country, that has led to Nigerians buying fuel above...
It’s been two years since the oil industry experienced a meltdown in their earnings, with oil price falling to as low as $20 due to Coronavirus outbreak and...
The Nigerian National Petroleum Company (NNPC) Limited on Monday confirmed that International oil companies are diversifying and leaving Nigeria. The NNPC’s Group Managing Director, Mele Kyari,...
The multi-national integrated oil and gas company, TotalEnergies Nigeria, and four firms in the sector paid a combined sum of N711.3 million as rents on office...
There were no key investment decisions taken on deepwater oil and gas exploration in the Nigerian energy industry between 2015 and 2019, much as opportunities for...
Grassroots Basketball in Nigeria has received a financial boost to the tune of N150m as the Nigeria Basketball Federation (NBBF) seals partnership with Total. The five-year...
Global oil and gas firm, Total, Monday announced it was turning back from the acquisition of Occidental Petroleum’s assets in Ghana. Total and Occidental Petroleum had, sometime...
The future of oil remains bleak in Nigeria in the next 10 years owing to cost increases and volatility in the energy industry even as corporate...
Oil and gas exploration and production powerhouse, Total Nigeria Plc, has declared a 70% plunge in its Full Year 2019 after-tax profit compared to the corresponding...
The Nigerian National Petroleum Corporation (NNPC), together with its joint venture partners in the Nigerian Liquefied Natural Gas Limited (NLNG) including Shell, Total and Eni on...
The Nigerian Stock Exchange (NSE) seems to be finding its footing as the bourse have had 2 weeks closing bullish and depleting the losses. Last week...
The Federal Government, in its continued clampdown on tax defaulters to shore up its revenue, has demanded a number of foreign oil companies operating in the...
Six months after the Trans-Ramos Pipeline was shut down, the Federal Government, Shell, Total and Nigeria Agip Oil Company Limited have lost around $1.5bn (N543bn) in...
French oil major, Total and the Nigerian National Petroleum Corporation (NNPC) as well as their project partners will launch Egina crude at this year’s Asia Pacific...
Global firm Total is to buy the oil and gas division of the Danish group, AP Moller-Maersk in a deal worth $7.45 billion. The container shipping...
By Chido Nwakanma… Nigeria’s leading industrialist Alhaji Aliko Dangote last week flew a kite. He advised the Federal Government to sell Nigeria LNG Limited (NLNG) to...
Total, Shell and two other oil majors have resolved to fund 4 major oil marketers, Dr. Ibe Kachikwu disclosed on Thursday. The four oil majors had...
The Minister of State for Petroleum, Dr Ibe Kachikwu said Tuesday that some Oil Majors have shown commitment to partner the Federal government to revamp...
