Dangote Petrochemicals NGX listing to strengthen market – Kwairanga Posted by By Esther Udoh June 9, 2025 The Nigerian Exchange Group (NGX) is preparing to list Dangote Petrochemicals, a move expected to…
Oando Reports N220 Billion Profit After Tax in FY2024 Audited Results Posted by By Esther Udoh June 6, 2025 Oando Plc returned to profitability in FY2024, reporting a 44% revenue increase to ₦4.1 trillion…
Nigeria’s 2024 Oil Licensing Round to Follow Petroleum Industry Act, Says NUPRC Posted by By Esther Udoh June 6, 2025 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated that the 2024 oil and gas licensing…
U.S. Crude Oil Stockpiles Fall by 4.3 Million Barrels Week Over Week Posted by By Esther Udoh June 6, 2025 U.S. commercial crude oil inventories (excluding the SPR) fell by 4.3 million barrels to 436.1…
Venezuela Turns to Smaller Oil Companies Amid Chevron’s Reduced Operations Posted by By Esther Udoh June 6, 2025 Venezuela's state-run oil company, PDVSA, has signed at least nine new contracts with foreign service…
Nigeria Seeks Oil and Gas Technical Support from Kazakhstan Posted by By Esther Udoh June 5, 2025 Nigeria is eager to gain oil and gas expertise from Kazakhstan, Central Asia’s top producer,…
Oando’s Financial and Production Gains Strengthened by Agip Acquisition Posted by By Esther Udoh June 5, 2025 Oando Plc’s acquisition of Nigerian Agip Oil Company has boosted its financial and production performance.…
WED 2025: Chevron Nigeria Sets Standards in Waste Management Practices Posted by By Esther Udoh June 5, 2025 This report highlights key initiatives by Chevron Nigeria Limited to address climate change and environmental…
Two Key OPEC+ Moves Announced Over the Last Week Posted by By Esther Udoh June 5, 2025 Analysts at Standard Chartered Bank highlighted two major OPEC+ decisions made in the past week.…
Oil Prices Decline as Saudi Arabia Pushes for Larger Output Increases Posted by By Esther Udoh June 5, 2025 Oil prices declined as signals emerged that Saudi Arabia is pushing for another major production…