Oil&Gas - Page 150

The Nigeria International Petroleum Summit (NIPS), the African Petroleum Technology & Business Conference, scheduled for June 6 – 10, 2021, will come up with an action plan for Africa’s oil and gas

Savannah Energy Plc,is advancing exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The company said  the planned

The Nigerian National Petroleum Corporation (NNPC) has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments in basic infrastructure to achieve  the federal government’s

The Nigerian National Petroleum Corporation has said that it is currently considering equity participation in a number of private refineries in the country. The Corporation’s spokesman,Dr.Kennie Obateru,explained that  the decision is in

 The Federal Government said Nigeria left over 40million barrels fallow in 11 fields for 17years. It also said  that  of 7,000 oil reserves that have been discovered in the country, only 1,700

The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Department of Petroleum Resources (DPR) have agreed  to work together to deepen Nigeria’s implementation of Contract Transparency and Beneficial ownership disclosures. The agency’s

French multinational oil company,Total has been renamed,TotalEnergies. The resolution to change the company’s name from Total to TotalEnergies, was unanimously approved at its ordinary and extra ordinary shareholders meeting on Friday thereby

The Department of Petroleum Resources (DPR) has concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme. Mr Paul Osu, Head, Public Affairs, DPR, Paul

The Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for the month of February 2021 representing a massive 314.24% leap from the ₦9.62billion surplus it recorded in January 2021.