Fubara Assures Oando of Friendly Business Climate, to Hit 100,000bpd Crude, 5bcf Gas Targets
Rivers State Governor, Mr. Siminalayi Fubara, has stressed the mutual benefits the State would derive from investors like Oando Energy…
Category: Business
Shell’s $1.3bn Oil Assets’ Sale Not in ‘Waiting Room’ as FG Rejects Renaissance’s Bid
Contrary to a report that the plan by Shell to sell its onshore oil assets to Renaissance Consortium was in…
TikTok Acts Against Harmful Content: Over 2.1 Million Videos Removed in
In a proactive measure to enhance user safety, TikTok has taken down more than 2.1 million videos in Nigeria for…
Minister Clarifies NNPCL Refinery Operations
Yemi Obafemi Following a report that the Minister of State Petroleum Resources (Oil), Heineken Lokpobiri directed the Nigerian National Petroleum…
NACCIMA, NexHub Propel Nigerian Non-oil Exports, Ship 11 Containers to China
In a landmark initiative aimed at significantly boosting Nigeria’s non-oil export sector, the Nigerian Association of Chambers of Commerce, Industry,…
Lokpobiri: FG Anticipates $50 Billion Investment into Oil Sector Before Year-end
With foreign/local investors’ concerns being addressed, coupled with the “audacious’’ efforts to boost oil production to about 2.7 barrels per…
Dangote: We Built Our $20bn Refinery without Single Incentive from Government
Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, has declared that his company built its 650,000 barrels…
Dangote Refinery Will Propel Africa Out of Poverty, Says AU’s Ibn Chambas
Seasoned diplomat and African Union High Representative for Silencing the Guns, Dr. Mohamed Ibn Chambas, has described the Dangote Refinery,…
Oando Emerges First Nigerian IOC, Valuation Hits $4 Billion
With its operations outside the shores of Nigeria, around the Sao Tome and Principe Exclusive Economic Zone (EEZ), Oando Plc…