This followed a resilient, inflation-adjusted gain of 40.36% in 2023. The positive momentum has carried into 2025, with Presco posting an 11.6% year-to-date gain as of January 10, making it the 39th ...

Seplat Energy is beginning an initiative to revive inactive oil wells after completing its $1.28bn acquisition of ...

Seplat Energy said moves are underway to rejuvenate over 400 idle Nigerian oil wells. Eleanor Adaralegbe, Seplat’s chief ...

The Managing Director, TSSNL, Chief Kestin Pondi, described the period before 2022 as a dark time for the oil industry. He ...

Oil markets have started the year with a renewed sense of optimism as U.S. inventories tighten and China attempts to stimulate its economy.

Mele Kyari’s contested tenure as CEO of the Nigerian National Petroleum Company (NNPC) sparks legal, political and ethnic debates, as President Bola Tinubu faces mounting pressure to decide the future ...

Nigeria has stepped up its drive to crack down on oil theft in the Niger Delta region as it aims to increase national ...

Local oil companies (LOCs) are acquiring assets divested by International ... to capitalise on the opportunities arising from the evolving landscape, Nigeria sleeps well acknowledging that recent ...

Golden Terra Soya Oil is a premium, all-purpose cooking oil made from 100% pure soya beans, sourced and manufactured in Nigeria. It contains 5x more PUFA (Polyunsaturated Fatty Acids) proven to ...

ShareShell’s $5 billion Final Investment Decision (FID) for the Bonga North Deep Offshore field demonstrates how ...

The group explained that the investment demonstrates how International Oil Companies (IOCs) still see Nigeria as an attractive destination ... raise the nation’s oil output and revenue as well as ...