Sector News

LEKOIL has signed a Memorandum of Understanding (‘MOU’) with Schlumberger and a subsidiary of a major international..

Marubeni Corporation and other existing shareholders have invested US$26 million in Azuri Technologies, a leading..

Switzerland has asked the International Tribunal for the Law of the Sea to order Nigeria to release a Swiss-flagged..

The President of the Federal Republic of Nigeria - Muhammadu Buhari has directed that immediate action be commenced..

The Department of Petroleum Resources (DPR) has revoked five Oil Mining Leases (OML) and one Oil Prospecting Licence..

The Ministry of Petroleum Resources (“MPR”) has given consent toMX Oil plc, for the renewal of OML 113 lease which is..

Royal Dutch Shell has declared force majeure on exports of Nigeria’s Bonny Light crude following the shutdown of..

The FG of Nigeria hopes to conclude the distribution of about 178 flare sites to Investors to capture and..

The Federal Government of Nigeria has announced its intention to release a new gas pricing template before May 29,..

The Nigerian National Petroleum Corporation (NNPC) recently opened the 2019 Direct Sale of Crude Oil and Direct..