Kachikwu says Nigeria needs $100b oil investments in five years

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on Thursday while speaking at the closing ceremony of the first Nigerian International Petroleum...

Total boss urges Nigerian oil producers to reduce crude production costs

The Managing Director/Chief Executive, Total E&P Nigeria, Nicolas Terraz, while speaking during the ongoing Nigeria International Petroleum Summit, holding in Abuja, said oil producers...

Niger state applies for 2 oil blocks, plans refinery

The Niger State governor, Abubakar Sani Bello, said yesterday that the State government has applied for two oil blocks and is currently positioning itself...

MX Oil announces placing and update on Aje field

AIM-listed MX Oil has announced that it has raised £500,000 before expenses via a placing of 100 million new ordinary shares at a price of 0.5...

San Leon Energy gives update on OML 18 in Nigeria

San Leon Energy plc, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, is pleased to provide an...

Agip looks to take over Oyo field in OML 120 from Erin Energy

Following the order of a Federal High Court sitting in Lagos, which enforced and recognised a final award rendered at the London Court of...

Nigeria expects $40bn investments in oil projects over five years

The Minister of State for Petroleum Resources, Dr. Ibe Kachukwu, has said that with the right policies in place, Nigeria is expecting investments of...

OPEC, non-OPEC partnership now a force to be reckoned with – Barkindo

The Secretary-General of OPEC, Dr. Mohammed Barkindo, in his remarks at the inaugural Nigerian International Petroleum Summit (NIPS), stated that countries’ compliance levels to...

Nigeria targets 50% local shareholding in oil sector in 10yrs

The Minister of State for Petroleum, Dr. Ibe Kachikwu, said on Monday in Abuja that Nigeria will grow local investments and shareholdings of its...

Tinubu lauds ‘7 Big Wins’ initiative, calls for collaboration to achieve goals

Wale Tinubu, the Group Chief Executive, Oando PLC, in a written article, has lauded the Federal Government’s introduction of the ‘7 Big Wins’ initiative in...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...