Oil and Gas

NNPC gets EITI’s endorsement over monthly financial accounts

Nigerian National Petroleum Corporation (NNPC), the state-owned oil behemoth, has received an endorsement from global transparency body, the Extractive Industries…

Oil holds near two-month high on OPEC+ extension expectations

Oil prices held near two-month highs on Friday, set for a third consecutive week of gains on expectations of an…

FG, others shared N702.058Bn in October as oil earnings dip

Tola Akinmutimi The Federal Account Allocation Committee (FAAC), on Wednesday disclosed that the three tiers of government shared a sum…

SEPLAT announces retirement of Avuru; appoints Roger Brown as new CEO

By Omobayo Azeez Seplat Petroleum Development Company PLC (SEPLAT) has announced that her pioneer Managing Director and later CEO, Mr.…

Oil prices gain 2% despite rising supplies concerns

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade…

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