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…
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 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.
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.
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.
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.
Nigerian National Petroleum Corporation has said that national oil companies should set aside risk funds to…