Seplat Energy is beginning an initiative to revive inactive oil wells after completing its $1.28bn acquisition of ...

The removal of fuel subsidy in the 2023 federal budget triggered a series of negative developments in the Nigerian economy, made worse by the floating of the ...

Nigeria, Africa’s largest crude producer, alongside Angola, is expected to drive the continent’s oil production output to ...

As the global transition to cleaner energy sources accelerates, there are projections that the demand for fossil fuels may peak ...

and Nigerian Agip Oil Company Limited (5%). OML 29 was the biggest of the four oil fields that were divested by Shell with the average production of 23,000bpd at the time Aiteo acquired it.

Besides, year 2024 has been a year of significant importance to Nigeria as fresh investors are attracted to the energy sector ...

Seplat Energy has revealed plans to revive 400 idle oil wells, targeting over 120,000 barrels per day crude production.

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas ...

The $1.28bn acquisition of Mobil Producing Nigeria Unlimited makes Seplat one of the biggest domestic producers with an asset base of 11 onshore oil blocks, 48 oil and gas fields, three export ...

Thousands of oil spills in Nigeria’s Niger Delta There have been ... its fourth spill in three months in November, harming farm fields, streams and the fish people rely on.

ABUJA, Jan 10 (Reuters) - Nigeria and the United States signed an agreement on Friday to repatriate about $52.88 million in assets forfeited by former Nigerian oil minister Diezani Alison-Madueke ...

In November, the Ogboinbiri community in Bayelsa state suffered its fourth spill in three months, harming fields, streams and ...