China’s biggest oil suppliers are the Middle East, Russia and West Africa but the United States has also become an important global supplier since it opened up its market for exports in 2016...
Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), on Monday called for proactive actions to reduce the country’s dependence on oil and gas...
ubsea 7 S.A. has announced the award of a contract by Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in shallow water, offshore Nigeria...
Key Highlights: Acquisition of 100% of Quadrant Energy (Quadrant) for US$2.15 billion plus potential contingent payments related to the Bedout Basin. Fully funded from existing cash resources and new committed debt...
Nigeria must urgently consider privatising her redundant assets to raise the required funds to grow the economy and ensure stability, Vice Chairman, Technical Committee of the National Council on Privatisation, Ayo Teriba, said...
The directives by Vice President Yemi Osinbajo aimed at easing traffic congestion in the Apapa area of Lagos State and ensuring the relocation of oil companies’ headquarters to the Niger Delta have not been complied with...