The Department of Petroleum Resources (DPR) has revoked five oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies to according to...
By OKEY ONYENWEAKU & OBINNA EZUGWU Oando Plc’s stock price has plunged 31.1 per cent since the news of the removal of its board became public....
The Securities and Exchange Commission (SEC) has constituted an Interim Management Team (IMT) headed by Mr. Mutiu Sunmonu, to oversee the management of Oando Plc and...
By OBINNA EZUGWU Leading indigenous oil and gas company, Seplat Petroleum Development Company Plc. has posted a profit before tax of N73 billion for the year...
The Department of Petroleum Resources, DPR, has given approval to Green Energy International Limited, GEIL, operator of the Otakikpo marginal field in Oil Mining Lease OML...
The Nigerian National Petroleum Corporation (NNPC), on Tuesday said that repairs on the Escravos–Lagos gas pipelines had been completed. The Group General Manager, Group Public Affairs...
French oil giant Total is producing close to 2.95 million barrels of oil equivalent per day, its chief executive Patrick Pouyanne said on Friday, slightly higher...
…actively divesting in Nigeria Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses...
Port Harcourt Refining Company (PHRC) Limited, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has attained the International Organisation for Standardization (ISO) 9001:2015 Quality Management...
