News

Petrobras is planning a return to Nigeria's oil sector to focus on deepwater exploration, as Nigeria seeks to increase its ...
Shell Plc paid $5.34 billion in taxes and other charges to Nigeria in 2024, more than any other country. The company’s payments to Nigeria increased from the previous year and came as the oil and gas ...
ABUJA As Nigeria charts a path toward energy security and economic transformation, the 24th edition of the NOG Energy Week is emerging as a vital strategic touchpoint in shaping the country’s future ...
The Federal Government has stated that the country attracted over $8bn in investments for deepwater and gas projects within a year. This represents an increase from a total of $6.7bn earlier announced ...
Nigeria is considering alternative solutions, such as floating LNG projects, to capitalize on its gas resources and meet rising global demand within Africa’s expanding role in the liquefied natural ...
A former presidential aspirant, Mr Gbenga Olawepo-Hashim, has raised the alarm over Nigeria’s ... before global energy markets shift irreversibly. “Oil and gas will be irrelevant in 20 years.
Seplat Energy, Aradel Holdings, TotalEnergies, and two other oil companies have emerged as the highest-grossing firms in the ...
Seplat Energy Plc expects its revenue for the first half of 2025 to exceed the $1.1bn recorded during the same period in 2024 ...
Our Energy Transition Plan (ETP) is a homegrown, data-backed strategy for achieving net-zero emissions fairly and equitably by 2060." ...
Amid growing Non-Performing Loans (NPL) and unstable global oil prices, a total of nine banks' exposure to the Oil & gas sector increased to N15.6 trillion in 2024, representing about 94.4per cent ...
The edifice which houses the Ministry of Petroleum Resources, symbolises Nigeria’s leadership ... increasing investments in the oil and gas sector, and advancing energy transition initiatives.