The federal government has created 37 new evacuation routes for crude oil to tackle oil theft and spur production.Mr Gbenga Komolafe, Commission Chief Executive, Nigerian Upstream Petroleum Regulatory ...

The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has delivered a stirring call to ...

The construction work at the long-awaited Oloibiri Museum and Research Centre (OMPRC), Otuabagi, in Ogbia Local Government Area of Bayelsa State is set to begin as the project promoters on Tuesday ...

Construction work at the long-awaited Oloibiri Museum and Research Centre (OMPRC), Otuabagi, in Ogbia Local Government Area of Bayelsa State is set to begin as the project promoters on Tuesday handed ...

TotalEnergies signed a deal to sell its 12.5 percent stake in Nigeria's OML118, which contains the producing Bonga field, to Shell for $510 million.

TotalEnergies announced today that it will sell its stake in a major offshore oil field in Nigeria to Shell for $510 million. In separate statements, the two companies said that TotalEnergies is ...

For the record, Etete was the one that set up Marginal Field Decree of 1998 for the benefit of all Nigerians to be included in the oil and gas industry. His tenure heralded a new era of indigenous ...

PARIS - France's TotalEnergies said Thursday it would sell its stake in a major offshore oil field in Nigeria to UK energy giant Shell for $510 million. TotalEnergies is giving up its 12.5 percent ...

Company News Published 05/29/2025, 02:24 AM 0 TotalEnergies sells stake in Nigeria’s Bonga oil field TTEF 0.33% TTE ...

Nigeria’s oil sector, with its vast reserves, has been a major contributor to both the country’s economy and global oil markets. However, the development of oil blocks in Nigeria has faced ...