Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
Minister extols Waltersmith Refinery, NCDMB for enhancing domestic refining
Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended Waltersmith Group and the Nigerian Content Development and Monitoring Board
Nigeria’s rig count drops 13% as oil output rises to 1.4m bpd
NIGERIA’s rig count, a major index of measuring activities in the upstream sector, dropped month-on-month, MoM by 13.3 per cent
Nigeria’s rig count drops 13% to 13 as oil output rises to 1.416m bpd
Nigeria’s rig count, a major index of measuring activities in the upstream sector, dropped month-on-month, MoM by 13.3 per cent to 13 in October 2023, from 15 recorded in the preceding month of September 2023.
CBN played key roles in winning $11bn Suit against Nigeria — Ex AGF
By Udeme Akpan, Energy Editor THE former Minister and Attorney General of the Federation, Michael Aondoakaa, has extolled the Central Bank of Nigeria, CBN, for its leading role, which culminated in the nation winning the $11 billion Process & Industrial Developments, P&ID Suit. P&ID had alleged that the contract failed because the Nigerian government breached […]
Investment in oil, gas falls 77% to $5bn in 7 yrs
Investment into the Nige ria’s oil and gas industry dropped by 77.3 per cent to $5 billion in 2021, from $22 billion in 2014, due mainly to increased divestment by the International Oil Companies, IoCs.
