He said: "Our successful integration of NAOC Ltd (Agip) enabled us to achieve peak operated production of 103,206 barrels of oil equivalent per day (boepd) and net entitlements of 45,000 boepd." ...

IN recent years, Africa’s investment climate has seen significant fluctuations, with Foreign Direct Investment (FDI) ...

Dangote Refinery has achieved a milestone, exporting two jet fuel cargoes to Saudi Aramco, leveraging world-class standards ...

The Group Chief Executive Officer of OandO Plc, Wale Tinubu has disclosed that the oil firm is partnering with the ...

SHELL PLC4th QUARTER 2024 AND FULL YEAR UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters$ million Full yearQ4 2024Q3 2024Q4 2023%¹ Reference20242023%928 4,291 474 -78Income/(loss) attributable ...

The dollar value of these products is still constant ... Flowing from that, the divestment of former Nigeria Agip Oil Company to Oando Energy went seamlessly. As we speak, there is no single ...

In the Q4 2024 financial year, Oando acquired a 20 per cent stake in the Nigerian Agip Oil Company JV, which boosted its oil production to an average of 23,911 barrels of oil equivalent per day ...

The company is on a drive to ramp up capacity, which led in August to the full acquisition of Eni’s local unit, the Nigerian Agip Oil Company, for $783 million. The transaction raised Oando’s ...

Indian Oil Corp is in talks with U.S. firm Cheniere Energy for a 15-year liquefied natural gas deal, with volumes between 1.5 ...

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.