Thirty-one companies have emerged winners of 37 oil and gas blocks in Nigeria’s 2025 Licensing Round following the conclusion of the commercial bid conference held in...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that 196 companies have qualified for the commercial bid stage of the 2025 oil licensing round, whilst...
The National Agency for Food and Drug Administration and Control (NAFDAC) has intercepted two tankers designated to transport edible vegetable oil after they were found carrying...
Applied Computing, a London-based startup that’s building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led...
The Supreme Court of Nigeria on Friday dismissed a decision of the Court of Appeal ordering the seizure of FPSO Tamara Tokoni, a vessel containing crude...
The National Agency for Food and Drug Administration and Control (NAFDAC) says it intercepted tankers of suspected smuggled vegetable oil and a truckload of soap that...
Global crude oil prices recorded a steep decline on Monday following a peace agreement between the United States and Iran, bringing an end to more than...
Nigeria’s crude oil production topped its Organisation of the Petroleum Exporting Countries (OPEC) quota in May, reaching its pinnacle in 15 months and cementing its position as Africa’s...
By Muhyideen Jimoh President Bola Tinubu has over the last three years, deployed dialogue, reconciliation and stakeholder engagement to resolve longstanding national disputes and accelerate economic...
Africa’s richest man, Aliko Dangote, has revealed how entrenched interests benefiting from Nigeria’s fuel import and subsidy regime tried to frustrate the construction of his $20...