Okey Onyenweaku To discerning watchers, it is not surprising that the Nigerian equities market has been drifting southwards recently. From Business Hallmark checks, it in fact...
The Nigerian National Petroleum Company (NNPC) Limited has renewed oil production sharing contracts (PSCs) with its partners, after nearly 30 years. The state owned oil company...
Data from the Organisation of Petroleum Exporting Countries (OPEC) showed on Thursday that Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when...
Adebayo Obajemu The Akwa Ibom State Government says President Muhammadu Buhari’s earlier consent for Seplat Energy to acquire shallow water assets of Mobil Producing Nigeria Unlimited...
President Muhammadu Buhari has withdrawn his authorisation of the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc. Presidential spokesperson, Garba Shehu, disclosed this to Premium...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has rejected President Muhammadu Buhari’s approval of Seplat Energy’s acquisition of the shares of Exxon Mobil Corporation, insisting that...
The Shell Petroleum Development Company (SPDC) has said it will acquire drones to monitor its pipelines and wellheads in the Niger Delta region. SPDC’s General Manager,...
Seplat Energy Plc grew its profit before tax by 238 per cent to $209.9 million in the first half of 2022, ended June 30, from $62.1...
A Kuwaiti, Haitham Al Ghais, has formally assumed office as the new secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC). Al-Ghais succeeds Mohammad Sanusi...
