A signing bonus is an advance payment made by oil corporations to the government in the form of a single, non-refundable lump amount for the right...
As the company targets its second FLNG production unit, Eni Mozambique General Manager Marica Calabrese will address emerging opportunities in Africa's prime hydrocarbon basins, including Angola...
The country is endowed with more natural resources as well. These consist of coal, lead, manganese, zinc, sulphur, chrome, copper, iron ore, and natural gas. The...
Friday saw explosions in the central Iranian province of Isfahan, according to Iranian state media. US media also quoted authorities claiming that Israel had launched retaliation...
The Minister also stated that the country has the capacity to increase crude oil production to two million barrels daily and expressed his commitment to fostering...
The government through its interventions by requiring companies to disclose their significant owners, alongside other regulations helps reveal the true beneficiaries behind corporate entities, making it...
It described Qua Iboe as, “Light crude containing very low levels of sulfur, metals and asphaltic material; when refined will provide similar low sulfur specification products....
In the years to come, the successful implementation of this regulation has the potential to reshape the landscape of the Nigerian oil and gas industry. This...
Abbas said the House was aware of several efforts by past administrations to address the menace of crude oil theft with a number of task forces,...
NOSDRA lamented that despite efforts to reduce gas flaring, it has continued in Nigeria since the 1950s, releasing carbon dioxide and other gaseous substances into the...