Oil & Gas
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Oil Majors To Advance Nigeria’s Energy Sector With $55bn Investment
Key operating International Oil Companies (IOCs), in Nigeria are considering investing over $55 billion in various oil and gas activities…
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Brent crude sells above $94 per barrel
In analyzing the dynamics of the global crude market on Monday, September 18, at 5:14 AM (GMT+1) using data from…
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Oil price rises to $89 a barrel — first time in 10 months
Oil price, on Monday, rose to a record high, nearly hitting the $90 a barrel mark. Brent crude, the global…
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Oando Plc Announces Agreement With ENI for the Acquisition of 100% Shares of Nigerian Agip Oil Company Limited
Oando Plc, Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange, is…
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Ardova Plc Announces Significant Leadership Change.
As Adeosun resigns as MD/CEO Ardova Plc, a prominent Nigerian integrated energy company listed on the NGX, has announced…
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Oil Prices Set for Another Weekly Gain, as Gabon Coup Throws Market in a Brief Bull Run
Several global factors are pushing oil prices towards an upward trajectory this week. The political tension in Gabon, fuelled by…
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Oil and gas stocks post massive returns after fuel subsidy removal
Just three months following the “subsidy has been removed” directive and the unification of the exchange rate, businesses, sectors, industries,…
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Nigeria still losing 400,000 barrels of crude oil daily – NSA
The National Security Adviser (NSA), Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily…
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Crude Oil Outlook Brightens as Forcados Terminal Resumes Export
In a potential rebound from the decline witnessed in July, Shell has announced that the Forcados export terminal has resumed…
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Forex crisis: NNPCL secures $3bn loan to stabilise naira
The Nigerian National Petroleum Corporation Limited has secured a $3 billion crude repayment loan to support the naira and stabilise…
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