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Business

ExxonMobil MD Meets NUPRC Boss, Assures Of Further Investments In Upstream Sector

The Managing Director of ExxonMobil, Mr Shane Harris has paid a working visit to the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission,...

Business

IOCs Divestment: Only Competent Indigenous Companies Will Take Over 26 Oil Blocks- NUPRC

The Nigerian Upstream Regulatory Commission (NUPRC) has ramped up efforts to ensure that only competent companies will take over the 26 oil blocks that...

Business

PHOTOS: Kyari, IOC Chiefs Hold Strategic Meeting On Nigeria’s Energy Sector, Pledge Support For Tinubu’s Executive Order

The Nigerian National Petroleum Company Ltd held a strategic engagement with International Oil Companies (IOCs) operating in Nigeria as part of a move to...

Business

JUST IN: To Boost Forex Liquidity, CBN Directs Banks To Withold 50% Of International Oil Companies’ Export Proceeds For 90 Days

International Oil Companies (IOCs) will be unable to repatriate all proceeds from crude oil exports at a time as the Central Bank of Nigeria...

Business

Oil Assets Divestments Will Boost Production, Employment For Nigeria- Wabote

The Nigerian oil and gas industry is poised for a boost in crude oil production, employment creation, and capital injection with the planned divestment...

Business

After NNPC’s Intervention, PENGASSAN Shelves Industrial Action Crippling Activities At Mobil Facilities

Following high-level mediation by the leadership of the Nigerian National Petroleum Company Limited, the Petroleum and Natural Gas Senior Staff Association of Nigeria has...

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