The Federal Government of Nigeria has threatened to withdraw the licences of firms with dormant oil…
Tag: Oil fields
Shell Pledges $6bn for Bonga Oil Field Project
President Bola Tinubu has said that Shell PLC pledged $6 billion in investment for Nigeria to…
Brent Oil Hits $90 Amid Israel-Hamas Conflict
Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…
Zenith Energy Cancels Oilfield Contract with Benin Republic
Zenith Energy, a Canadian oil and gas company, has cancelled negotiations with the Ministry of Water…
Shell and Qatar Energy Discover Oil Offshore Namibia
Qatar Energy discovered light oil in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration…