crude oil

October 01, (THEWILL) - With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents, the Nigerian Content Development and Monitoring Board (NCDMB)...

September 19, (THEWILL) - Oando Plc has announced a profit after tax (PAT) of N32.9 billon in its full-year-ended 2021 financials. This year, 2023, has seen the Company record positive highlights, including the recent announcement of its intent to...

September 11, (THEWILL) - Stakeholders in the transportation sector and other businesses have been called upon to embrace electric vehicles as their choice for mass mobility in the country, as it gives the best returns on investment when compared...

September 04, (THEWILL) - Eni – Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange - has announced the signing of an agreement with Oando Plc for the sale of Nigerian Agip...

September 02, (THEWILL) - Nigeria’s crude oil production including condensate, has increased to 1.67 million barrels per day. The Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, disclosed this on Friday, in Abuja. Nigeria’s crude...

August 27, (THEWILL) - Crude oil prices started trade Friday with a gain but were set for another weekly decline as the U.S. dollar rose further and supply concerns eased, Oil Price.com reports. Brent crude was trading at over $83.88...

Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has...

President Bola Tinubu on August 2, 2023 gave his commitment to the leaders of Organised Labour that the Port Harcourt Refinery will start production by December. He said this would be after the completion of an ongoing rehabilitation contract...

The Bayelsa State Government has expressed dismay at the extent of damage that oil exploration has caused and the attentant neglect by international oil companies (IOCs) operating in the Niger Delta. The Commissioner for Environment, lselema Gbaranbiri, made this known...

July 10, (THEWILL) - Governor Douye Diri of Bayelsa State has restated the call for oil companies, operating in the state and corporate bodies, to invest in sports development. He made the call at the closing ceremonies of the 3rd...