PIA: Shell, Partners Disburse N3.72bn to Host Communities
A joint venture operated by Shell Petroleum Development Company Ltd (SPDC) has disbursed a total of N3.72 billion and another
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Energy
Oil price nears $90 as Israel-Hamas war persists
Brent crude, the international oil price benchmark, has jumped to nearly $90 per barrel as the war between Israel and
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Nigeria’s crude oil production hits 20-month high
Crude oil production in Nigeria rose by 14.41 percent in September to its highest level in 20 months, new official
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Energy transition investment will boost Nigeria’s economy – Seplat CEO
Raising investment for energy transition will boost Nigeria’s economy, the Chief Executive Officer of Seplat Energy Plc, Mr Roger Brown,
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Israel-Hamas war: Capital Economics outlines three oil supply risks
As the renewed fighting between Hamas and Israel continues, London-based Capital Economics has highlighted three specific risks to regional oil
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FG waives diesel import tax as prices top N1,000/litre
The Federal Government has said it will waive for the next six months the Value Added Tax recently introduced on
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British oil firm swings to profit as Nigerian output rises
Savannah Energy Plc, a British independent energy company, swing to profit in the first half of the year as it
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Oando to acquire Eni’s Nigerian unit, Agip
Oando Plc announced on Monday that it has reached an agreement with Eni for the acquisition of 100 percent of
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TotalEnergies’ Nigerian unit gets new CEO
Mr Matthieu Bouyer has been appointed the managing director/chief executive of TotalEnergies Upstream Companies in Nigeria and representative of TotalEnergies
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One dead, three missing as oil rig capsizes, says Seplat
Seplat Energy has announced a “serious incident” on the Depthwise swamp drilling rig “Majestic” in the early hours of this
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