Africa, which consists of 54 countries, has been experiencing economic declines over the past decades, but yet, some countries still stand out even in the ever-changing landscape. In this article...
The Lagos State Government said it would be deploying resources to increase infrastructure development in the oil and gas sector, which will facilitate and encourage investors.The infrastructure that ...
Femi Otedola is a Nigerian black billionaire who made his money from investing in Oil exploration and Oil products selling on a large scale. He left the oil business when the Technology stock started ...
Evaluating various economic indicators, such as savings, is essential to gauge a nation's financial strength. Gross savings, encompassing savings made by households, businesses, and the government, ca...
Dangote Refinery recently announced that it has officially registered three (3) prominent oil marketers accounting for 75% of the overall market to handle the distribution of the refined products obta...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has come out to reject and warn the Shell Petroleum Development Company Limited (SPDC) to halt the plans to sell its Onsho...
TotalEnergies Marketing Nigeria Plc recently released its unaudited financial statement for 2023, and it states that the firm witnessed a 19.7% decline in its profit after tax despite a rise in revenu...
Seplat Energy Plc, a Nigerian and London-listed energy company, remains steadfast in its interest to acquire oil and gas assets from Exxon Mobil Corporation. The company's CEO, Roger Brown, recently e...
Savannah Energy Plc, a British energy company, yesterday agreed to sign separate Share Purchase Agreements with Sinopec International Petroleum Exploration and Production Corporation and Jagal Venture...
As oil prices climbed to their highest level in nearly 10 years, Warren Buffett's Berkshire Hathaway Inc (BRK.A) unveiled a $5 billion position in Occidental Petroleum Corp. Berkshire holds 91.2 m...