Crude Oil Production
Seplat targets $1bn shareholder dividends over next five years
By Benson Daniel Seplat Energy Plc has set its sights on returning at least $1 billion to shareholders through dividends over the next...
Nestoil Invests $28m in Drilling Rigs to Boost Crude Oil Production
By Benson Daniel Nestoil Group has deployed its Pathfinder 500 drilling rig to carry out workover operations on two producing wells in Oil...
172 Host Community Development Trusts Incorporated Under PIA – NUPRC
By Benson Daniel The Nigerian Upstream Petroleum Regulatory Commission has disclosed that 172 Host Communities Development Trusts have so far been incorporated by...
NNPC Set to Implement New Production Sharing Contract Framework, Says Ojulari
By Benson Daniel The Nigerian National Petroleum Company Limited is set to implement a new framework for Production Sharing Contracts as part of...
NNPC Set to Implement New Production Sharing Contract Framework, Says Ojulari
By Benson Daniel The Nigerian National Petroleum Company Limited is set to implement a new framework for Production Sharing Contracts as part of...
Sepha Energies Advocates Increased Funding for Indigenous Oil Companies
By Benson Daniel Sepha Energies has called for greater access to financing for indigenous oil and gas companies, saying improved funding is essential...
NNPC Posts ₦535bn Profit as Revenue Climbs Despite Slight Drop in Oil Production
By Dorcas Francis Koji The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a 15.8 per cent increase in profit after tax in...
Oil Block Allocations Alone Insufficient to Achieve Nigeria’s 3mbpd Production Goal
By Benson Daniel Industry experts have warned that awarding new oil blocks alone will not be enough for Nigeria to achieve its ambitious...
