Equatorial Guinea Gains Control of Islands After Prolonged Dispute with Gabon
A leading United Nations court has granted Equatorial Guinea sovereignty over three small islands in…
PETROAN Urges Prompt Rehab of NNPCL Refineries to Lower Transportation Costs
PETROAN has called for the timely completion of rehabilitation works on the Port Harcourt, Warri,…
Goldman Sachs Forecasts Oil Demand Rise Amid Low Prices
Goldman Sachs raised its global oil demand forecast to 600,000 bpd for 2025 and 400,000…
Non-Operated Assets Threaten NNPCL’s 3m bpd Target – Report
NNPCL may need to optimize non-operated assets as a Wood Mackenzie report warns production could…
11Plc Strengthens Pledge to Clean Energy Transition to Drive Economic Growth and Job Creation
11 Plc (formerly Mobil Oil Nigeria Plc) has announced an investment plan focused on promoting…
Russia Seizes Oil Tanker Departing from Estonia, Report Alleges
Russia detained the Liberian-flagged oil tanker Green Admire, owned by Greece’s Aegean Shipping, as it…
Mantrac Nigeria Unveils Latest Advancements in Power Generation Technology
Mantrac Nigeria, in partnership with Caterpillar Inc., showcased advanced CAT power generation technology at a…
India Prepares Gas-Powered Plants to Avert Summer Blackouts
India has activated emergency measures to boost power generation from gas-fired plants to prevent summer…
Nigeria Tops Shell’s Government Payments
In 2023, Shell PLC paid a total of $28.1 billion to governments in 24 countries…
Navy recovers 773,000L crude, shuts 468 illegal refineries in 2024 – Official
The Nigerian Navy has deactivated 468 illegal refinery sites and arrested 215 suspected oil thieves,…
