Oil and Gas
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Uganda strikes $4bn oil deal with UAE
Uganda has sealed a major oil infrastructure deal with UAE-based Alpha MBM Investments, granting the firm a 60 percent stake…
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President Tinubu cleans house at Nigeria’s oil giant
IN a bold move aimed at revitalising Nigeria’s struggling oil sector, President Bola Tinubu has dismissed the entire board of…
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Tinubu sacks Mele Kyari as NNPC Ltd’s CEO, appoints Bashir Ojulari as replacement
…Reconstitutes entire NNPC Board President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC)…
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Petrol price hits N930/litre in Lagos
The price of Premium Motor Spirit (PMS), otherwise known as petrol, has increased to N930 per litre in filling stations…
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Trans Niger Pipeline fully restored after explosion in Rivers, supplies Resume
By Victor Akan The Trans Niger Pipeline (TNP), which recently suffered an explosion, has now been restored to full operation,…
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Trans-Kalabari Road Project To Boost Socio-Economic Growth – Ibas
By Victor Akan The Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (rtd), has stated that the ongoing Trans-Kalabari Road Project is…
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HYPREP restores different species of mangroves in Ogoni
By Abigael Joshua The Hydrocarbon Pollution Remediation Project (HYPREP) has successfully restored three species of mangroves in Ogoni, according to…
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NNPC Ltd ready to list shares in stock exchange
The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the stock market.…
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BREAKING: Petrol landing cost increases to N885 per litre
By Victor Akan The landing cost of imported premium motor spirit increased to N885 per litre on Wednesday from N797.…
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Shell plans more cuts to costs and spending but hands CEO bigger bonus
The oil company Shell has announced plans to hand bigger payouts to its chief executive and shareholders – by pumping…
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