NNPC: $741 Million Kaduna Refinery Rehabilitation Contract, Why Not Upgrade?
The Nigerian National Petroleum Company Limited on Thursday celebrated the signing of an agreement between…
Category: Oil&Gas
OPEC’s Oil Production Drops In January As Saudi Arabia Cuts Output
OPEC’s crude oil production fell in January by around 60,000 barrels per day (bpd)…
More Exhibitors Show Interest In SAIPEC Conference
From 14 – 16 February the entire Sub-Saharan African energy community will gather in Lagos…
Exec Sec NCDMB Receives Leadership Local Content Award
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye…
Exxon Smashes Western Oil Majors’ Earnings Record With $56 billion Profit For 2022
Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday,…
NCDMB Pledges Continuous Support to Local Content Development in Africa
The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other…
Shell plc announces Executive Committee and Directorate changes
Shell plc is to reduce the size of its Executive Committee (EC) from nine to…
The Oil Price Rollercoaster Ride: Global Economic Outlook for 2023
The Oil Price Rollercoaster Ride: Global Economic Outlook for 2023 Oil prices have been…
Why Oil Won’t Trade Above $100 This Year
After an initial dip, the oil price rally has been a steady grind upwards…
Oil divestment: Another Oil Major Operating In Nigeria Contemplates Offloading $1 Billion Oil Assets
Equinor has hired Standard Chartered to assist in a sale of the Norwegian…