Oil and Gas
Shell, Exxon win blocks in Brazil’s pre-salt oil auction
Oil majors Royal Dutch Shell and Exxon Mobil won blocks in Brazil’s coveted pre-salt oil region in an auction on…
Ghana’s downstream sector regulator seeks collaboration with Nigeria’s Techno Oil
A delegation from Ghana’s National Petroleum Authority (NPA) visited the management of Techno Oil Ltd. in Lagos Friday, to seek…
Brent oil holds near 2-year high as Russia, Saudi Arabia set to discuss possible extension next week
Brent oil held gains near the highest level in more than two years as Saudi Arabia’s Crown Prince Mohammed bin…
Uganda eyes $15-20bn in oil investments after deals with Nigeria’s Oranto Petroleum
Uganda, a newcomer on the international oil stage, expects investments to the tune of US$15-20 billion over the next three…
OPEC’s newest member sets to stem oil-output slide after Hess Corp. deal
Equatorial Guinea, OPEC’s newest member, is taking steps to stem the decline in its oil production following the acquisition by Kosmos Energy…
Nigeria’s state oil company says it will stimulate economic growth through aggressive gas development
Maikanti Kacalla Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), has stated that the Federal Government has…
