Nigerian oil sector scores high in pandemic Mgt – DPR
The Nigerian oil and gas industry performed above the global average in the management of the coronavirus pandemic in their areas of operations in the country, says the Department…
Oil price to average $44 in 2021 – World Bank
The World Bank has said that oil prices won’t be rising much next year either but would average $44 per barrel, saying that prices will not recover to pre-pandemic levels at least until 2022.
Seplat drives domestic gas market to power Nigerian economy
SEPLAT Petroleum Development Company Plc has said it is driving the growth of the domestic gas market to power the economy particularly because of the energy shortfall in terms of electricity.
Imo 5,000bpd refinery to start operations – DPR
The Department of Petroleum Resources, DPR, has said the 5, 000 barrels per day Waltersmith Modular Refinery project in Imo State is ready for operations.
Ex-Mobil Oil Nigeria set to delist from NSE
A resolution for the voluntary delisting of 11 Plc, formerly Mobil Oil Nigeria Plc, from the Nigerian Stock Exchange, has been approved by the company’s shareholders.
Oil, gas firms raise N400bn from capital market – NSE
The Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has said oil and gas companies raised over N400 billion across several asset classes using the platform in recent years.
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Stock Watch
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Nigeria
Nigerian oil firms charged to set aside risk funds
Nigerian National Petroleum Corporation has said that national oil companies should set aside risk funds to…
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International
Orsted’s Brostrom leads Shell’s…
Royal Dutch Shell RDSa.L has hired Orsted's ORSTED.CO North America Chief Thomas Brostrom as Senior…
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Downstream
339 firms scramble for crude oil sales contract…
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says…
Midstream
Saudi Aramco, others discuss $10bn pipeline deal
Oil giant Saudi Aramco is in talks with BlackRock BLK.N and other investors on a planned deal worth…
Upstream
Shell to power Aba businesses, begins gas plant…
Shell Nigeria Gas (SNG) in what it described as a project to ensure safe transmission of gas to…
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Oil Tips
11 Interesting Facts About Saudi Aramco
Apart from the fact that Saudi Aramco is the world’s biggest oil firm, what other interesting facts do you know…
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