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Oil and Gas

Home » Oil and Gas » Page 5
NNPCL Extends Strategic Support to Dangote Refinery, Says Aliko Dangote

NNPCL Extends Strategic Support to Dangote Refinery, Says Aliko Dangote

Posted by By Esther Udoh May 6, 2025
Aliko Dangote praised President Bola Tinubu for appointing a capable leadership team at NNPCL, specifically…
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Crude dips below $60, raising naira, deficit fears.

Crude dips below $60, raising naira, deficit fears.

Posted by By Esther Udoh May 5, 2025
Nigeria faces twin economic threats as Brent crude falls below $60, risking currency instability and…
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Chevron Reduces Buybacks While Exxon Holds Steady Amid Oil Price Drop

Chevron Reduces Buybacks While Exxon Holds Steady Amid Oil Price Drop

Posted by By Esther Udoh May 5, 2025
Chevron announced a 30% reduction in share buybacks for Q2, lowering the repurchase to $2.75…
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ExxonMobil Reports $7.7 Billion Profit in Q1 2025 Despite Decline in Oil Prices

ExxonMobil Reports $7.7 Billion Profit in Q1 2025 Despite Decline in Oil Prices

Posted by By Esther Udoh May 5, 2025
ExxonMobil reported first-quarter 2025 earnings of $7.7 billion, a decline from $8.2 billion in Q1…
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April Sees Drop in OPEC Oil Output

April Sees Drop in OPEC Oil Output

Posted by By Esther Udoh May 2, 2025
OPEC's crude oil production dropped by 200,000 barrels per day in April to 27.24 million,…
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Oil Rises Amid Trump’s Sanction Threats

Oil Rises Amid Trump’s Sanction Threats

Posted by By Esther Udoh May 2, 2025
U.S. oil futures rose 1.8% to $59.24 a barrel, ending a three-day losing streak, after…
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Scaffold Collapse at Texas LNG Plant Claims Lives of Three Workers

Scaffold Collapse at Texas LNG Plant Claims Lives of Three Workers

Posted by By Esther Udoh May 1, 2025
Three workers lost their lives and two others were injured when a section of scaffolding…
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Nigeria, South Korea Explore Solar, EV Manufacturing Partnership

Nigeria, South Korea Explore Solar, EV Manufacturing Partnership

Posted by By Esther Udoh April 30, 2025
South Korea's Asia Economic Development Committee (AEDC) proposed a partnership with Nigeria to support solar…
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Nigeria Retrieves Further N11.49 Billion from Oil and Gas Firms

Nigeria Retrieves Further N11.49 Billion from Oil and Gas Firms

Posted by By Esther Udoh April 30, 2025
The House of Representatives’ Public Accounts Committee has recovered an additional ₦11.49 billion from oil…
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NLNG Eyes Increased Export Flexibility to Asia, Europe Amid Challenges – Analysts

NLNG Eyes Increased Export Flexibility to Asia, Europe Amid Challenges – Analysts

Posted by By Esther Udoh April 30, 2025
NLNG Limited is working to maintain gas exports and support Nigeria’s revenue goals despite challenges…
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