KEY POINTS The Citizens Forum for Energy Accountability and Development, CFEAD, has commended the Nigerian National Petroleum Company Limited (NNPC) and the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, for what …
KEY POINTS A new fleet of diesel-electric offshore support tugs is being developed to strengthen marine support for ExxonMobil’s expanding oil production and export operations in Guyana’s prolific Stabroek Block. …
KEY POINTS Shell has renewed its call for stronger safety standards across its operations and producing assets in Nigeria, stressing that the success of major oil and gas projects must …
KEY POINTS The Federal Government has commissioned major upgrades at four electricity transmission substations in Lagos, adding about 360 megawatts (MW) of transmission capacity to the state’s power network. The …
KEY POINTS ExxonMobil’s Nigerian affiliate, Esso Exploration and Production Nigeria (Offshore East) Limited, has commenced a major new phase of development at the Usan oil field with the arrival of …
KEY POINTS The Nigerian equities market extended its losing streak to eight consecutive trading sessions on Thursday as investors continued to sell off shares in major companies, particularly Aradel Holdings …
KEY POINTS Oil prices remained broadly stable in early Asian trading on Thursday as investors assessed the outlook for the U.S.-Iran conflict and uncertainty surrounding the movement of oil tankers …
KEY POINTS Nigeria could significantly increase its crude oil production from deep offshore assets following the introduction of new investment incentives aimed at accelerating oil and gas developments, according to …
KEY POINTS The Chief Executive Officer of Seplat Energy, Engr. Effiong Okon, has urged independent oil and gas operators in Nigeria to make asset integrity a priority, warning that ageing …
KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA has proposed new regulations aimed at preventing fuel marketers and other petroleum industry players from manipulating prices, creating artificial …
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