The Democratic Front (TDF) has announced that Shell’s $5 billion Final Investment Decision (FID) for the Bonga North Deep Offshore field further highlights the investment-friendly approach...
The Nigerian National Petroleum Company Limited (NNPCL) had previously stated that the federal government, through the company, secured a loan of $1 billion to support the...
The Federal Government has successfully concluded its first oil bid round under the Petroleum Industry Act (PIA) 2021, with several indigenous oil and gas companies securing...
Power generation in Nigeria reached a high of 3,624.34 megawatts on Thursday after engineers from the Transmission Company of Nigeria (TCN) restored the national grid, which...
Oando Plc has announced a nearly 50% increase in crude oil production within three months, following its acquisition of the Nigerian Agip Oil Company (NAOC) from...