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Oriental Energy conducts the naming ceremony for first fully funded, converted...

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...At full production, Okwok is expected to produce up to 30,000 barrels of oil per day and with our existing production at Ebok SUN DEC...

Nigeria now positioned to tap into $90 billion in financing that...

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FRI NOV 15 2024-theGBJournal| The Special Adviser to the President on Energy, Olu Verheijen says Nigeria is are now positioned to tap into $90...

Chevron and NNPCL announce major oil find in the Niger Delta

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...The find comes as major oil majors are exiting Nigeria and recent commitment of Chevron to new investments in Nigeria. FRI OCT 18 2024-theGBJournal| Chevron,...

Fossil fuels to power 60% of Africa’s energy by 2040

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...A FAMAR-sponsored panel discussion at Angola Oil & Gas explored enhancing the value chain in Angola from crude to commerce TUE OCT 08 2024-theGBJournal| By...

NNPC Ltd/Chevron JV concludes conversion of five OMLs into investor friendly...

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TUE SEPT 10 2024-theGBJournal| The NNPC Ltd. and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), on Monday signed documents on the conversion...

Nigeria oil sector sustains positive momentum for three consecutive quarters

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THUR AUG 29 2024-theGBJournal| The Nigeria oil sector grew by 10.15% y/y in Q2-24 (Q1-24: +5.70% y/y | Q2-23: -13.43% y/y) underpinned by a...

Nigeria and Equatorial Guinean sign agreement to finance fresh Gulf of...

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...The agreement covered legislative and regulatory measures for the gas pipeline, establishment and operation, transit of natural gas, ownership of the gas pipeline, and...

Finance Minister Edun leads strategic meeting on NNPCL crude sales in...

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MON AUG 12 2024-theGBJournal| The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Monday led a key meeting aimed at implementing...

2024 LCCI International Business Conference & Expo to show case 15...

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MON AUG 12 2024-theGBJournal|The upcoming Lagos Chamber of Commerce and Industry (LCCI) International Business Conference & Expo tagged “Invest Nigeria” will showcase 15 Unicorn...

Africa’s energy sector to litigate banks and financiers for ”financial Apartheid”

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...The withdrawal of Western financial support from Africa’s oil and gas sector, coupled with delays in key projects due to lack of investment, threatens...