Oil & gas

Oil-host communities seeking ways to reduce tension with companies

Awka - Leaders of Host Communities of Oil and Gas production in five southern states began a two-day meeting on Friday in Awka, Anambra, on how to reduce tension...

How NNPC Ltd. uncovers 165 illegal refineries

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has uncovered 165 illegal refineries in various locations...

NNPC denies reports of N3.3trn inflated subsidy claims

Abuja, June 10, 2024 – The Nigerian National Petroleum Company Limited (NNPCL) has denied reports of inflated subsidy claims...

FG to inaugurate Nedogas 300 MMscfd Kwale gas facility

Nedogas Development Company Limited (NDCL), a Joint Venture company between Xenergi Limited and Nigerian Content Development Management Board,...

Shell Nigeria, partners paid $142m to NDDC in 2023

Lagos, May 30, 2024 – A total of $142.5 million was paid to the Niger Delta Development Commission...
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Shell wins case on oil spill off Nigeria’s coastline

The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to file a lawsuit against two Shell l companies over an offshore oil leak from 2011, which they allege had a terrible long-term effect on the coastal region where they reside.

Why Goldman Sachs worry over Wagner’s threat to oil prices

Goldman Sachs, a leading global investment bank, has expressed concerns about the potential impact of the rise of the mercenary group, Wagner, on the global oil market.

Tinubu lauds Dangote for reducing diesel price by 60%

President Bola Tinubu has commended Dangote Oil and Gas Limited in reducing the pump price of Automotive Gas Oil (AGO), also known as diesel.  The...
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