BP, a British oil and gas multinational company, has announced a $5.7 billion loss for the 2020 full year. This is as a result of low oil prices and weakened
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The Nigerian National Petroleum Corporation (NNPC) says it spent N49.69 billion on pipeline repairs and management cost between January and October 2020. This was contained in NNPC’s financial and operation
Savannah Energy Plc, a British oil and gas company, has reduced its planned four-year capital expenditure in Nigeria by 15 percent from $118 million to $100 million. In a statement
The Nigerian National Petroleum Corporation (NNPC) has taken a final investment decision (FID) on the $3.6 billion integrated gas processing and methanol plant in Odioma, Brass Island of Bayelsa state.
A Dutch appeal court has ruled that the Nigerian arm of Royal Dutch Shell, a British-Dutch oil company, pay for
The Nigerian National Petroleum Corporation (NNPC) says it recorded a 92 percent increase from the sales of white products in
African Export-Import Bank (Afreximbank), a pan-African multilateral trade finance institution, has announced the disbursement of $250 million of the $1.1
Mohammed Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), says withdrawing investments from the oil sector will not
Mohammed Bello Adoke, former attorney-general of the federation, says Italian prosecutors are fabricating evidence against him in their bid to
The federal government says the establishment of search, rescue and surveillance (SeRAS) unit is projected to reduce the oil and
