Oil and Gas sector

President Bola Tinubu has made the declaration that the oil and gas sector will take on new phases in the country.  He made this known in a directive handed over to the Federal Ministry Of Information and National Orientation. A copy of…

Totalenergies Marketing Nigeria Plc expects that a profit drop it suffered in the second quarter will widen to 53 per cent in the third, according to the forecast. The energy marketing company saw its profit plunge by over 18 per cent…

By UMORU ABDULKADIR Following the lull in the construction sector, Julius Berger Nigeria Plc has diversified into the oil and gas sector, acquiring 20 percent stake-holding in Petralon Energy Limted to play in a sector that has dominated…

GBOLABO AFUWAPE The 1.03 percent decline in the stock of Dangote cement on Tuesday, led the way to the lowest points that the Nigerian bourse had so far recorded in 2018. The stock market which recorded a year-to-date (YtD) return of…

The Nigerian National Petroleum Corporation and its subsidiary, Nigerian Petroleum Development Company, and other companies in the oil and gas sector have yet to remit a total revenue of $22.06bn and N481.75bn to the Federation Account.…

Nestoil Limited, Nigeria’s leading Oil and Gas Engineering Procurement, Construction and Commissioning (EPCC) Company has announced the appointment of Obinna Ufudo as Executive Director Operations. Obinna Ufudo, a seasoned financial…