Tag:Oil Investment

NUPRC Hails ExxonMobil $1bn Investment, Issues New Licences

ABUJA, Nigeria  — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has welcomed ExxonMobil’s $1 billion investment in the Usan Infill Project while awarding Petroleum...

Nigeria Targets 2.5mbpd as Oil Output Rises to 1.8mbpd — Lokpobiri Pushes Accountability, Investment Drive

Abuja — The Federal Government has set a new crude oil production target of over 2.5 million barrels per day as part of efforts...

TotalEnergies Secures 40% Stake in Chevron’s Nigerian Offshore Licences, Signaling Boost for Oil Investment

TotalEnergies Secures 40% Stake in Chevron’s Nigerian Offshore Licences, Signaling Boost for Oil Investment TotalEnergies Nigeria has acquired a 40% stake in Chevron’s offshore...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community (SADC) are seeking to deepen economic cooperation in trade, investment,...
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Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, over the alleged creation and...

Gas-Laden Bus Crashes Into 3 Vehicles, Sparks Panic in Ilorin

  Panic erupted among motorists and residents along Ibrahim Taiwo Road, Ilorin, Kwara State, on Wednesday after a gas-laden Toyota...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community...

Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested...