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OIL AND GAS NEWS
New and analysis from Nigeria's oil and gas sector.
Seplat Petroleum Development Company Plc an indigenous Nigerian oil and gas firm spent $8.3 million in buying put...
Wood Mackenzie, the energy consultancy, has cut its output forecast for Nigeria by more than a fifth or...
Forte Oil has come out with a 21.8 percent increase in first quarter 2016 profits to N954.2 m,...
The Federal Government will hold talks with Saudi Arabia, Iran and other oil producers by May, with the...
Panoro Energy expects production to begin soon at Aje field, offshore Lagos. The final hook up procedures is...
Shell Petroleum Development Company (SPDC) has revealed that the company and the Joint Venture (JV) partners paid $42...
Punch We paid FG $42bn in five years – Shell: The Netherlands-based Royal Dutch Shell Plc on Monday...
The Bayelsa state government has sealed the premises of the Gbaran Ubie oil and gas production facility owned...
Total Exploration and Production Nigeria Limited, has committed to devote about 300 million standard cubic feet, mscf, of...
Minister of State for Petroleum Resources, Ibe Kachikwu, has announced that Nigeria will cut the contracting cycle in...
As expected the price of Brent Crude has dropped by a massive 5% in Asian Market following the...
Concerned about both the loss of gas supply to power plants in the country and significant loss of...