Oil Funds Crucial to Nigeria’s Economic Growth – Elumelu
Heirs Holdings Chairman, Tony Elumelu, has stressed the need for increased oil production to fund…
Elixir Plans Mongolia Exit
Elixir Energy signed agreements with Gobi Terra (UK) Ltd. for a phased exit from Mongolia.…
Iraq to Get 185,000 Bpd from Kurdistan
Iraq will receive 185,000 bpd from Kurdistan once pipeline exports to Turkey resume. Deputy Oil…
EnerMech Gets Five-Year Al Shaheen Contract Extension
EnerMech secured a five-year extension with NOC for Al Shaheen Field in Qatar, covering bolt…
TCN sets new record in national power generation.
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
Afreximbank plans a $1B oil financing facility in Guyana to boost local and African participation.…
NGA to Showcase Nigeria Pavilion at WGC 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
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
A former Gunvor Group manager was convicted by a Swiss court for bribing officials to…
Oil Steady Above $72 Amid Supply Concerns
Oil held above $72, extending gains amid supply uncertainty and a weaker dollar.Prices rose for…