Sector News

At the ongoing Nigeria Gas Summit, operators in the Nigerian oil and gas sector have called on the Federal Government…

Statoil has unveiled plans to increase its investment in Nigeria with more than $10 billion, having set a goal to…

Seven Energy International Limited and its wholly-owned subsidiaries, Seven Energy Finance Limited and Accugas Limited have announced that all conditions…

Foreign investors are showing increasing interest in Nigerias mineral deposits and preliminary discussions are ongoing with representatives of the federal…

The Federal Government through the Department of petroleum resources has set guidelines for the marginal oil field bid round scheduled…

Stakeholders in the mining sector have called on the Federal Government to focus more on strengthening sector governance in order…

Shell Petroleum Development Company (SPDC) of Nigeria has commenced gas production at Gbaran-Ubie Phase two (2) following the success of…

The Federal High Court sitting in Port Harcourt, Rivers State, has ordered the arrest and detention of three crude oil…

Concessionaires have been short-listed for concessioning of the Kirikiri Lighter Terminal. The concessioning of the terminal is to ensure that…

The Federal Government of Nigeria has concluded plans to concession six (6)small hydro -power dams in the coming weeks. It…

Sirius Petroleum an AIM listed company has recently signed a Joint Operating Agreement (JOA) for the development of the Ororo…

The Transmission Company of Nigeria (TCN) has secured $USD1.55 billion dollars from multilateral corporations, including the World Bank, African Development…

The National Security Adviser (NSA), has ordered the arrest of Sixteen (16) Chinese nationals and eight (8) Nigerians who were…

In line with Integrated Oil and Gas Limiteds plan to construct a 20,000 barrels per day (bpd) modular refinery ,…

Erin Energy Corporation has commenced the drilling of the Oyo-9 well offshore Nigeria. The well is expected to add an…

The Oil and Gas Free Zones Authority (OGFZA) has entered into partnership with an investor to generate embedded power at…

The construction of Total Exploration and Production Nigeria Limiteds $3.3 billion Egina floating production, storage and offloading, FPSO, vessel is…

The Nigerian National Petroleum Corporation has agreed to four (4) new funding arrangements with four foreign partners to develop new…

The federal government has commenced consultations with the stakeholders in the oil and gas sector to re-activate Shell Nigeria Exploration…

Following the sale of the countrys treasury bills by the Central Bank of Nigeria (CBN) to mop-up excess liquidity in…

In a bid to encourage small-scale miners, the Federal Government through the Federal Ministry of Mines and Steel Development (the…

The Federal Government (FG) through the Federal Ministry of Mines and Steel Development (the Ministry) has issued directives that no…

As part of the Federal Governments (FG) efforts towards diversifying the economy away from oil as well as promoting the…

As part of its efforts towards promoting the development of the microfinance sector in Nigeria, Citibank recently granted a N500…

The Nigerian Stock Exchange recently granted approval to Unilever Plc. for the raising of N58.9 billion in new equity funds…

Presently, the International oil companies (IOCs) operating in Nigeria are holding off on the divestment of their onshore assets until…

It has been confirmed that the agreement entered into by the Federal Government (FG) and International Oil Companies (IOCs) with…

Shell Petroleum Development Company (SPDC) recently released a statement exonerating itself from the continuous non-diversion of natural gas from the…

Further to the ongoing construction activities presently being undertaken by the Dangote Oil Refining Company (the Company), an order has…

The Court of Appeal has held the contentious ‘shipping line agency charge’ (SLAC) usually charged by shipping companies (for what?)…