Browsing Tag
Oil and Gas
34 posts
Tantita Security Services Links Delta Investment Surge to Better Pipeline Protection
Tantita Security Services claims that reducing pipeline vandalism has directly bolstered investor confidence and economic growth in Delta State.
NUPRC Projects $30 Billion Investment Boost for Offshore Oil and Gas
The NUPRC plans to drive up to $50 billion into 22 offshore projects by 2030, aiming to boost production and fortify Nigeria's energy infrastructure.
Oando Reports N2.1 Trillion Half-Year Revenue Growth
Oando Plc achieved a 20 per cent revenue increase to N2.1 trillion in the first half of 2026, driven by higher production and improved operational efficiency.
NNPC Records N19.04 Trillion Revenue in Half-Year Financial Report
The NNPC recorded N19.04 trillion in revenue and N2.28 trillion in profit during the first half of 2026, alongside progress on critical gas infrastructure.
Akwa Ibom groups push for higher PIA payments and policy reforms
Stakeholders in Akwa Ibom are lobbying to increase PIA remittance to host communities from 3% to 7% while seeking to remove penalties related to pipeline vandalism.
NNPCL Reports N535 Billion Profit and N4.4 Trillion Revenue for June 2026
NNPCL recorded a profit after tax of N535 billion in June 2026 on revenues of N4.389 trillion, alongside updates on gas production and key infrastructure projects.
BP moves to divest its North Sea operations
BP is seeking a buyer for its North Sea assets, effectively concluding 60 years of production in the area to streamline its global operations.
Unyenge community demands infrastructure repairs after bridge collapse
Residents of Unyenge, Akwa Ibom State, are protesting against oil companies, demanding the reconstruction of a collapsed bridge and better infrastructure after years of perceived neglect.
Seplat Energy Divests 10% Stake in NNPCL Joint Venture for $281.6 Million
Seplat Energy is selling a 10% stake in its NNPCL joint venture for $281.6 million to fund debt reduction and increase shareholder returns.
Federal Government Assures Successful Outcome for Nigeria’s 2026 EITI Validation
The Nigerian government anticipates a successful 2026 EITI validation, citing significant governance reforms and a focus on transparency as key drivers for a positive assessment.