Oil and Gas
Kyari talks up NNPC as Africa’s most profitable firm
South Africa top earners Ab inbev: Rev. $40bn; PAT: $3.7bn Glencore: Rev $93.8bn; PAT: $1.27bn Anglo: Rev $217bn; PAT $5.2bn…
Go make profit for Nigeria, Buhari charges NNPC new board
By Olusola Bello Visions making petroleum industry, competitive, commercially viable President Muhammadu Buhari has charged the new members…
Seplat Energy’s former CEO responds to termination of contract by oil firm
Austin Avuru, the immediate past chief executive officer of Seplat Energy, has responded to the announcement by the oil company…
PPMC, NNPC subsidiary, sells 1.544bn litres of products for N203bn in July
232.69 BCF of gas produced, up 4% in July The Petroleum Products Marketing Company (PPMC), a subsidiary of…
Nigeria’s biggest dispute award: Can Shell come clean of culpability in N800bn spill judgment debt?
By Maduabuchi Efegadi 10% post-judgement interest takes payment northward of N1trn Appeal Court rules in Jan. 2022 Shell paid…
Nigeria’s SAPZ project gets AfDB board’s approval for $210m loan
The African Development Bank (AfDB) has approved a $210 million loan to co-finance the first phase of the Nigeria Special…
