KEY POINTS Oil prices fell by more than $1 a barrel on Monday as investors took profits following a two-week rally and waited for details of new US sanctions expected …
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KEY POINTS The Dangote Petroleum Refinery and Petrochemicals has expanded its free petroleum products delivery programme to Kano, Imo, Anambra and Nasarawa states as part of efforts to reduce distribution …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to supporting Shell Nigeria’s operations as the Federal Government intensifies efforts to attract up to $50 billion …
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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 …
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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. …
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KEY POINTS Johannesburg has cleared its outstanding electricity debt to South African state power utility Eskom, bringing an end to a dispute that had threatened to trigger a major power …
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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 …
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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 …
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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 …
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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 …
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