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Shell appoints Wael Sawan as new Upstream Director

Royal Dutch Shell plc has officially announced the appointment of Wael Sawan as Upstream Director with effect from 1st July 2019. In his new role,...

Exclusive :FBN, GTB, Access, Zenith, UBA account for 79% industry exposure...

Despite instability in the oil and gas sector typified by a slump in prices beginning 2015 and threat of renewable energy, Nigerian top five...

EXCLUSIVE: Oil Sector gets N2.09trn credit from four banks

By Ayobami Adedinni Owing to the stability in the global oil prices, credit to Oil and Gas sector from four banks in the top...

NETCO posts N3.257bn profit before tax in 2017

THE National Engineering and Technical Company Limited (NETCO) recorded a profit before tax of N3.257 billion for 2017 financial year. A breakdown showed that the...

Nigeria could lose N9tr to gas flaring in 10 years- BudgIT

By Ayobami Adedinni BudgIT, a civic tech organisation, says Nigeria could lose as much as N9 trillion to gas flaring in the next 10 years...

Oando leads Nigeria Delegation at Africa CEO Forum

Heads of states, public decision-makers, bankers, capital investors as well as African and international corporate leaders, are today gathered at the Africa CEO Forum...

Oil Prices Up As EIA Confirms Crude Draw

The Energy Information Administration reported an decline in crude oil inventories of 2.6 million barrels for the week to March 16, pushing up prices...

NNPC, mining society partner to grow Nigeria’s crude oil reserves

  The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to collaborate with the Nigerian Mining and Geosciences Society (NMGS) towards growing the nation’s...

NEITI holds symposium on PIGB today

The Nigeria Extractive Industries Transparency Initiative, NEITI, will hold a symposium on the Petroleum Industry Governance Bill, PIGB, today March 20. Scheduled to hold in...

Kachukwu, Baru to lead speakers at Sub-Sahara Oil and Gas Summit...

By Ayobami Adedinni         The Minister of State for Petroleum, Dr. Ibe Kachikwu together with the Group Managing Director, Nigerian National Petroleum Corporation, (NNPC),...

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