News

*Nicolas Terraz Paris – TotalEnergies announces the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters […]

*Kola Adesina, GMD, Sahara Power Group Oritsegbubemi Omatseyin Lagos — Sahara Group has commended Its long-serving employees for their significant contributions to the company’s growth over the years. The award ceremony, which took place recently […]

*Bonny Oil Terminal Abuja — Nigeria’s downstream oil regulator has alleged ExxonMobil Corp (XOM.N) was involved in the illegal lifting of petroleum products from an offshore terminal, according to a letter of complaint to the […]

*Mele Kyari, GMD, NNPC Lagos — The Nigeria National Petroleum Company Limited, NNPCL, has offered clarification on the Profit After Tax, PAT, figures discussed by its Group Chief Executive Officer, GCEO, Mr. Mele Kyari, on […]

*A view shows Nigeria’s Central Bank headquarters in Abuja, Nigeria. REUTERS/Afolabi Sotunde Ike Amos Dublin, Ireland — Nigeria earned a total of N4.641 trillion from the petroleum industry in 2022, rising by 6.5 per cent […]

*L-r: Suhail Mohammed Al Mazrouei of UAE, Antonio Oburo Ondo, President of the OPEC conference, Prince Abdulaziz Bin Salman Bin Al Saud of Saudi Arabia and Manaf Abdulaziz Al Majeri of Kuwait addressing an OPEC […]