Oil & Gas
Savannah Energy reports 40% revenue growth in H1 2024
The firm reports 40% income growth for H1 2024, reflecting strong progress in both hydrocarbon and renewable energy sectors Savannah...
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Nigeria’s oil exploration drops 22% in August 2024
Nigeria’s oil exploration dropped by 22% in August 2024 due to low upstream investment, as OPEC reports rig count fell...
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Oando Plc celebrates 30 years of growth and innovation
The oil company celebrates 30 years of growth, diversification, and leadership in Nigeria's energy industry, expanding into renewable energy. Oando...
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Growth in oil sector GDP contribution shows NNPC strategies working
The strategies adopted by Nigeria's wealthiest and most profitable company, the Nigerian National Petroleum Company Ltd (NNPCL) to ramp up...
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Nigeria Faces N1.68tn Fuel Subsidy as Petrol Price eyes N900/litre
The Federal Government is potentially staring at a N1.68tn fuel subsidy bill for the last quarter of 2023, as oil...
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We have 1.2bn litres of fuel, enough to last for 35 days – NNPC
The Nigerian National Petroleum Company (NNPC) Limited says it has in stock 1.2 billion litres of Premium Motor Spirit, otherwise...
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‘Shocking!’ Illegal pipelines connected to churches, mosques
THE Group Chief Executive Officer, CEO, of the Nigerian National Petroleum Company, NNPC, Limited, Melee Kyari, on Tuesday, said some...
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‘CSR’ ND Western, NNPC, IPPG construct Diagnostic laboratory in Delta State
An indigenous oil and gas company, ND Western Limited, and its partners have built a medical diagnostic facility in Ogunu,...
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‘Curbing the menace’ NNPC collaborates with law enforcement on controlling crude oil theft
The Nigerian National Petroleum Corporation on Wednesday said it was collaborating with law enforcement agencies and other relevant downstream and...
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‘$1.1bn Deal’ Elumelu’s firm buys Shell, Total, ENI stakes in oil block
Three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining Lease 17...
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