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Energy

Energy FEATURED Latest TOP STORIES 

UK court dismisses Nigeria’s $1bn bribery case against Shell, Eni

May 22, 2020May 22, 2020 Markets Reporters 0 Comments Eni, OPL 245, Shell

An English court threw out a $1.1 billion case the Nigerian government had brought against Royal Dutch Shell and Eni

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Energy FEATURED Latest TOP STORIES 

Nigeria suffers second-biggest drop in oil rigs among peers

May 20, 2020May 20, 2020 Markets Reporters 0 Comments oil rigs, OPEC

Nigeria, Africa’s top oil producer, recorded the second-biggest decline in oil rigs in April among its peers in the Organisation

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Energy FEATURED Latest TOP STORIES 

Total abandons plan to acquire Ghana oil assets

May 18, 2020May 18, 2020 Markets Reporters 0 Comments Ghana assets, Occidental Petroleum, Total

Total has announced its decision to discontinue the acquisition of Occidental Petroleum’ assets in Ghana on the back of “extraordinary

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Energy FEATURED Latest TOP STORIES 

NLNG marks 31st anniversary, generates $108bn in revenue

May 17, 2020May 17, 2020 Markets Reporters 0 Comments NLNG

The Nigeria LNG Limited is marking the 31st anniversary of its establishment today, saying it has generated over $108bn in

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Energy FEATURED Latest TOP STORIES 

I’ve enjoyed 29 years of working in NNPC, says Kyari

May 17, 2020May 17, 2020 Markets Reporters 0 Comments Mele Kyari, NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, says he has enjoyed every moment of

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Energy FEATURED Latest TOP STORIES 

Total Nigeria posts N163m quarterly loss

May 16, 2020May 16, 2020 Markets Reporters 0 Comments Total Nigeria

Total Nigeria Plc, a subsidiary of French oil major Total Group, posted a loss of N163.22m for the quarter ended

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Energy FEATURED Latest TOP STORIES 

ExxonMobil supports Nigeria’s fight against COVID-19

May 16, 2020May 16, 2020 Markets Reporters 0 Comments COVID-19, ExxonMobil, Mobil Producing Nigeria

Mobil Producing Nigeria, a subsidiary of US-based ExxonMobil, has said it is donating two ambulances, 20 additional vehicles and medical

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Energy FEATURED Latest TOP STORIES 

Local content agency seeks innovations in Nigerian oil industry

May 16, 2020May 16, 2020 Markets Reporters 0 Comments NCDMB, Wabote

The Nigerian Content Development and Monitoring Board has unveiled a new initiative aimed at stimulating innovations in the oil and

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Energy FEATURED Latest TOP STORIES 

Oil production cuts could reach 20.1 million bpd – OPEC

May 15, 2020May 15, 2020 Markets Reporters 0 Comments Oil production cuts, OPEC

The Organisation of Petroleum Exporting Countries said on Friday that global oil production could be adjusted by 20.1 million barrels

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Energy FEATURED Latest TOP STORIES 

NNPC gets land for medical facility in Nigeria’s capital

May 15, 2020May 15, 2020 Markets Reporters 0 Comments Abuja, NNPC

The Minister of Federal Capital Territory Administration, Mallam Muhammad Bello, has offered a parcel of land to the Nigerian National

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