The Nigerian government has moved to entice some Spanish investors with the opportunities in the2022 deep offshore mini-bid round. Minister of State for Petroleum Resources, Timipre...
The Minister of State for Petroleum Resources, Timipre Sylva, has explained that though subsidising Premium Motor Spirit (PMS) is a drain on the national economy, the...
Lease and licence holders operating in Nigeria’s oil and gas sector, have been given a seven-day ultimatum to unveil the true identities of the real owners...
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) laments that there exist several loopholes for criminals to defraud the country in the oil...
With global recession looming large and demand concerns on the horizon, oil prices slowed down on the first day of trading for the year 2023....
With the persistent scarcity of petrol, also known as, Premium Motor Spirit (PMS), the Federal Government is contemplating a series of drastic actions, including inspecting...
There are indications that Russia’s reaction to the oil price cap reached by Western countries would be reduced output. Deputy Prime Minister, Alexander Novak painted a...
The proposed marriage between Savannah Energy and PETRONAS Chad and Cameroon which would have the seen the former acquire the later has hit the rocks. A...
Information filtering out from Savannah Energy PLC has it that the company has acquired the whole operations of Petronas International Corporation Limited, through a Share...
Savannah Energy PLC, has announced its acquisition at US$407 million, of ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon, including operatorship of the...