Oando Plc defies SEC’s order, AGM to hold as scheduled

Oando Plc has disclosed that it has no intention to cancel its 42nd Annual General Meeting (AGM),…

Oando announces resignation of Non-Executive Directors

Two Non-Executive Directors of Oando Plc have resigned from their position amidst leadership tussle between the management…

Dangote Refinery extends empowerment to host communities

Dangote Refinery and Petrochemicals says it has taken measures to help boost quality of education in…

Excess oil revenue declines by 46% to $7.28 per barrel

THE nation’s excess oil revenue declined by 46.43% from $13.59 per barrel to $7.28 per barrel,…

Oil prices drop 3% to $70

Oil futures sank yesterday as an unexpected build in United States (U.S.) crude stockpiles compounded investor…

Seplat Chairman Assures Shareholders of Capital Appreciation, Production Growth

Matthew Otoijagha Leading indigenous Nigerian oil and gas company, Seplat Petroleum Development Company Plc has posted…

FEC approves N2.5bn for pipeline installation

A pipeline installation to transport dry gas through the North and South corridors to the West…

Forte Oil offers power, upstream businesses for sale

Forte Oil Plc has entered into share sale and purchase agreements to sell its power and…

NNPC partners Seplat to deliver gas for domestic use

The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Nigeria Limited are partnering to deliver 300millon standard…

UN backs AfDB’s $10bn power initiative

The United Nations has thrown its weight behind the quest of the African Development Bank to…

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