Oil

Nigeria’s oil, gas earnings rise 60.42% to N18.18trn, CBN confirms

By Innocent Obasi Nigeria crude oil and gas export earnings have increased by $40.86 billion (about N18.18 trillion) in the…

Non-oil exporters repatriate $4,987bn into Nigeria in 3 quarters, says CBN

  By Cynthia Ezekwe    … pays N81bn to Nigerian exporters The RT200 scheme initiated by the Central Bank of Nigeria…

PetroNor completes acquisition of Panoro’s interest in OML 113

BY Habeeb Ahmed, with agency report. Norwegian junior PetroNor E&P has completed its acquisition of a key stake in the…

Shell halts sale of Nigeria onshore oil assets

BY HABEEB ADAMU   Oil giant Shell has suspended plans to sell its onshore oil assets in Nigeria in compliance…

Vandals responsible for OML 18 oil leak in Rivers, says NOSDRA

BY HABEEB ADAMU & GRACE AIRHULE   The National Oil Spills Detection and Response Agency (NOSDRA) has blamed the oil…

Barkindo, ex-OPEC scribe, urges all-solutions approach to energy transition

BY MADUABUCHI EFEGADI A former secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, has advised that there…

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