NCDMB Reaffirms Commitment to Cross-Border Oil, Gas Trade Through AfCFTA
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to promoting cross-border oil and gas trade across ...
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Tag: #OilAndGas
NNPC Injected N13.2tn into State Refineries in Two Years Despite Mounting Losses
The Nigerian National Petroleum Company Limited (NNPC Ltd) injected an estimated N13.2 trillion into Nigeria’s three state-owned refineries in 2023 ...
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Nigeria Must Rethink Oil Financing to Meet Production Targets — Oando Executive
Nigeria’s oil industry must fundamentally rethink how it finances production growth if the country is to achieve its ambitious output ...
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NNPC in Talks with Chinese Firm to Revive Nigerian Refineries
Nigeria’s state-owned oil company, the Nigerian National Petroleum Corporation (NNPC), is in discussions with a Chinese firm to revive one ...
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Shell Profit Rises 11% Despite Falling Oil Prices, Raises Dividend
British energy giant Shell on Thursday reported an 11 per cent rise in net profit for 2025, as higher production ...
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Nigeria Secures $18.2bn Oil Investments With 28 New Field Development Plans
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed that Nigeria recorded a major investment milestone in ...
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Conoil Profit Slumps 77% in 2025 as Finance Costs Surge
Conoil Plc has reported a sharp 77.1 per cent decline in profit for the 2025 financial year, as higher finance ...
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Nigeria’s Gas Output Rises 8%, Climbs by 198bn Scf Amid Elevated Flaring
Nigeria’s total gas production rose by nearly eight per cent in 2025, increasing by about 198 billion standard cubic feet ...
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NNPC, Chevron Strike Hydrocarbon Success at Awodi-07 Well in Niger Delta
The Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL) on the successful completion of the ...
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Tinubu Approves Investment-Linked Incentives for Shell’s Bonga South West Oil Project
President Bola Ahmed Tinubu has approved the gazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep-offshore ...
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