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    Big Oil

    Analysis: Big Oil keeps brakes on spending even with crude rally windfall

    Firms eyeing long-term energy transition challenge Investors remain focused on near-term returns Spending could rise next year if oil recovery continues LONDON, July 12 (Reuters) - Leading...

    Eni, Sonangol sign up Angolan acreages

    Eni and Sonangol has signed production-sharing contracts (PSCs) for Blocks 27 and 28 with the Angolan regulator. Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis...

    Top Energy Producer See Nigeria’s New Petroleum Law Spur Investment in Africa’s Largest Economy

    (Bloomberg) — Seplat Energy Plc, Nigeria’s biggest oil and gas exploration and production company said it hopes passage of the country’s long-awaited Petroleum Industry...

    Oil major abandons push for oil spill case to be heard in Nigeria

    Shell has abandoned its final attempt to argue that a major lawsuit brought by thousands of Nigerians over an oil spill in the West African country should be heard in Nigeria rather than the UK.

    Seplat Energy appoints 2 directors

    By Itohan Abara-Laserian Lagos, July 9, 2021 The Board of Directors and Management of Seplat Energy Plc has appointed Prof Fabian Ajogwu and Mr...

    NNPC chief signs Dangote refinery 20% stake purchase, warns on fuel costs

    LAGOS, June 29 - Nigerian state oil company NNPC has signed term sheets with Dangote Group to buy a 20% stake in the...

    Nigeria lawmakers struggle to meet July deadline on oil reform

    Nigerian lawmakers are racing to pass long-awaited legislation to reform the country’s petroleum industry before the current parliamentary session ends in mid-July. First presented to...

    OPEC to mark 50th anniversary of Nigeria’s membership

    By Edith Ike-Eboh Abuja, June 22, 2021 The Organisation of Petroleum Exporting Countries (OPEC) will on July 12 mark the 50th anniversary of Nigeria’s ...

    Seplat Petroleum Development Company Plc Now Seplat Energy Plc

    Nigerian Exchange Limited has implemented the change of name of Seplat Petroleum Development Company Plc (the Company) to Seplat Energy Plc. This is in line...

    Tullow Oil raises hedging to 75% of output for two years

    Adds CEO quote, details of business plan June 16 (Reuters) - Africa-focused Tullow Oil TLW.L said on Wednesday it was increasing the volume of oil...

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