Oil and Gas
Seplat transfers oil assets, OMLs 4, 38 and 41, to subsidiary, Seplat West Limited
By Omobayo Azeez Seplat Petroleum Development Company Plc, has announced the completion of transfer of the business activities and assets…
Optimism around OPEC+ output pact lifts oil prices
Oil producing nations have something to cheer about as oil prices rose on Monday as indications of increase in demand…
Seplat CEO projects $17bn oil revenue shortfall for Nigeria in 2020
Nigeria's oil receipts in 2020 are expected to drop by as much as $17 billion, Austin Avuru, the chief executive officer of…
No more oil sale discounts from July — NNPC
The Nigerian National Petroleum Corporation (NNPC) has saidit will discontinue crude sales discount regime effective from July this year. Mele…
FG bars debtors from bidding for oil fields
Companies, including their promoters, indebted to the federal government will not be allowed to participate in the newly launched bid…
Oilfield bid round: FG may generate N3.17bn from fees
The federal government may generate at least N3.17bn from the payment of fees for the marginal fields put on offer…
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