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Russia Announces 82-Million-Ton Arctic Oil Discovery
Russian state-run Rosneft has confirmed an 82-million-ton oil discovery in the Pechora Sea in the Arctic. Rosneft discovered the field
Oil and Gas
NNPC to Pay Cash for Petrol Imports, Ends Oil Swap Contracts
The Nigerian National Petroleum Company (NNPC) Limited has announced that it will end its oil swap contracts with traders and
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Renewable Power To Shatter More Records As Countries Speed Up Deployment, Says IEA
With the global energy crisis as a catalyst, solar PV and wind are set to lead the largest annual increase
Oil and Gas
NNPC is the most transparent National oil company in the world, says GMD
Malam Mele Kyari, Group Managing Director of the Nigerian National Petroleum Company Ltd. (NNPC), says no national oil company in
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Russia Announces 82-Million-Ton Arctic Oil Discovery
Russian state-run Rosneft has confirmed an 82-million-ton oil discovery in the Pechora Sea in the Arctic. Rosneft discovered the field
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Oil and Gas
NNPC is the most transparent National oil company in the
Malam Mele Kyari, Group Managing Director of the Nigerian National Petroleum Company Ltd. (NNPC), says no national oil company in the world is as transparent as NNPC. Malam Mele Kyari He said this in reaction
Oil and Gas
Nigeria to Grow gas production to 1,780 bcf, targets Europe
Nigeria’s gas production level is set to hit 1,780 billion cubic feet (bcf) in 2022, up from 1,450 billion feet in 2021, a new report from African Energy Chamber (AEC) has shown. The report noted
Oil and Gas
Nigeria: Oil Market – High Crude Prices Shoot Aviation Fuel
The price of aviation fuel has increased by 121.4 per cent to N620 per litre in June 2022, from N280 per litre in the corresponding period of 2021, due mainly to the rising price of
Oil and Gas
Oil Deal: Nigeria loses $2.7b fraud case against JP Morgan
On Tuesday, a UK Court ruled against Nigeria in its $1.7 billion fraud claim against JP Morgan Chase Bank over the transfer of proceeds from the sale of OPL 245 Malabu Oil Deal. The Judge,
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