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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...

”The law is clear on domestic crude oil supply obligations,” says...

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WED AUG 07 2024-theGBJournal| The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of...

Acquisition Approval Delays| The wrong look for Nigeria

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...There is a crying need for a new level of efficiency, timeliness, and openness in the approval process to give a fair shake to...