TotalEnergies Farms Out 40% Stake in Nigerian Deepwater Blocks to Chevron’s Star Deep Water Petroleum
TotalEnergies has entered a farm-out agreement to transfer a 40 percent interest in two offshore exploration licences, PPL 2000 and PPL 2001, to Chevron’s...
Nuprc Launches 2025 Upstream Licensing Round with Dedicated Digital Bid Portal to Boost Investment
The Nigerian Upstream Petroleum Regulatory Commission has opened the 2025 Licensing Round with the introduction of a dedicated digital bid portal, marking a new...
Dangote Refinery Faces European Pushback Over Diesel Quality
Dangote Petroleum Refinery is encountering resistance in the European market after traders reported that recent diesel shipments did not meet the continent’s stringent winter...
Tanzania Set to Begin Construction on Long-Delayed $10 Billion Bagamoyo Port Project
Dar es Salaam, Tanzania – Tanzania is set to commence construction on the long-delayed Bagamoyo port project next month, a move that signals a...
NNPC Limited Posts ₦5.4 Trillion Profit After Tax, Revenue Hits ₦45.1 Trillion in 2024
Abuja, Nigeria – NNPC Limited has reported a profit after tax of ₦5.4 trillion for the 2024 financial year, alongside a revenue increase to...
