Oil Funds Crucial to Nigeria’s Economic Growth – Elumelu Posted by By Esther Udoh February 24, 2025 Heirs Holdings Chairman, Tony Elumelu, has stressed the need for increased oil production to fund…
Elixir Plans Mongolia Exit Posted by By Esther Udoh February 24, 2025 Elixir Energy signed agreements with Gobi Terra (UK) Ltd. for a phased exit from Mongolia.…
Iraq to Get 185,000 Bpd from Kurdistan Posted by By Esther Udoh February 24, 2025 Iraq will receive 185,000 bpd from Kurdistan once pipeline exports to Turkey resume. Deputy Oil…
EnerMech Gets Five-Year Al Shaheen Contract Extension Posted by By Esther Udoh February 24, 2025 EnerMech secured a five-year extension with NOC for Al Shaheen Field in Qatar, covering bolt…
TCN sets new record in national power generation. Posted by By Esther Udoh February 24, 2025 TCN announced a new peak generation of 5,543.20MW, surpassing the previous 5,478.73MW recorded on February…
Afreximbank to Establish $1B Oil Financing Platform in Guyana Posted by By Esther Udoh February 24, 2025 Afreximbank plans a $1B oil financing facility in Guyana to boost local and African participation.…
NGA to Showcase Nigeria Pavilion at WGC 2025 Posted by By Esther Udoh February 22, 2025 The Nigerian Gas Association (NGA) has been named an Association Partner for the World Gas…
USA and Ukraine Intensify Discussions on Minerals Agreement During Envoy’s Visit Posted by By Esther Udoh February 21, 2025 Ukrainian and US negotiators aim to finalize a critical minerals deal amid strained transatlantic ties,…
Former Gunvor Executive Found Guilty of Bribery in Oil Trade Deals Posted by By Esther Udoh February 21, 2025 A former Gunvor Group manager was convicted by a Swiss court for bribing officials to…
Oil Steady Above $72 Amid Supply Concerns Posted by By Esther Udoh February 21, 2025 Oil held above $72, extending gains amid supply uncertainty and a weaker dollar.Prices rose for…