TotalEnergies sells Nigerian onshore oil assets to Chappal Energies for $860m
Ilenre Irẹlẹ TotalEnergies has sold off its minority stake in a major Nigerian onshore oil joint venture to Mauritius-based Chappal...
Oil & Gas
NNPC’s 20% stake in Dangote refinery slashed to 7.2
Ilenre Irẹlẹ The Nigerian National Petroleum Company, NNPC’s 20 percent stakes in the Dangote refinery has been cut to 7.2%...
Aliko Dangote: NNPC has only 7.2% interest in our refinery
•Eyes listing of refinery, fertilizer plants on NGX in Q1 2025 Ilenre Irele Against popular opinion that Nigerian National Petroleum...
Shell delegation arrives Dangote Refinery
Ilenre Irele A delegation of the Shell Companies in Nigeria recently paid a facility visit to the 650,000 barrels per...
Nigeria’s crude oil output jumps to 1.28mbp/d In June – OPEC
Adewale Akintaro Nigeria’s average daily crude oil production jumped marginally to 1.276 million barrels per day (bpd) in June, the...
NNPC seeks new oil-backed loan to boost finances
Adewale Akintaro NNPC is reportedly in discussions for another oil-backed loan to bolster its finances and allow investment in its...
NCDMB, SNEPCO, PTI train divers & DMTs for offshore operations
Ilenre Irele Nigerian Content Development and Monitoring Board, NCDMB, and Shell Nigeria Exploration and Production Company, SNEPCO, achieved a major...
Petrol sells for N1,100/litre as queues return to Abuja, Lagos other states
Adewale Akintaro Black marketers now sell Premium Motor Spirit, popularly called petrol at between N1000 and N1100 per litre as...
Nigerian oil regulator okays Eni, Equinor assets sale
Ilenre Irele Nigeria’s upstream oil regulator has given nod to two key onshore assets sale by international oil companies, clearing...
Nigeria attributes N662bn loss to gas flaring in 5 months
Adewale Akintaro Nigeria has reportedly lost $445.6 million, (about N661.716 billion), to gas flaring in five months, as oil and...
