BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Category : Search result: indigenous oil company
Lafarge Faces French Court Over Terror Funding Claims
French cement giant Lafarge stands trial in Paris for allegedly paying millions to jihadist groups including ISIS during Syrian operations. Discover the explosive corporate terrorism financing case.
Nigeria's New Strategy to End Niger Delta Oil Spills
Discover how Nigeria is shifting from temporary fixes to comprehensive solutions for the decades-long oil spill nightmare in the Niger Delta. Learn about the integrated approach that could transform the region's environmental future.
Okomu Oil Palm Drives Community Development in Edo State
Discover how Okomu Oil Palm Company's partnership with PIND Foundation is driving remarkable economic growth and infrastructure development in Edo State's oil palm communities through innovative CSR programs.
Court fines AEDC ₦500k for information denial
Federal High Court sanctions Abuja Electricity Distribution Company for violating Freedom of Information Act, ordering immediate compliance and payment of legal costs.
Activists Demand Oil Decommissioning Commission in Nigeria
Energy rights advocates stage powerful protest in Abuja, calling on National Assembly to pass crucial legislation addressing abandoned oil infrastructure and environmental hazards in Niger Delta communities.
Activists oppose Nigeria oil decommissioning commission
Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.
Abuja Protest: Nigerians Reject Oil Decommissioning Bill
Hundreds of protesters flooded Nigeria's capital demanding immediate withdrawal of the Oil Decommissioning Bill 2024, citing environmental and economic concerns for oil-producing communities.
Oil Company Entry-Level Package Stuns Nigerians
A Nigerian man's revelation of his entry-level compensation package at an oil company has sparked massive reactions online, with many stunned by the attractive benefits.
OPEC Poised for Major Oil Production Increase
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
OPEC to Increase Oil Production by 500,000 Barrels Daily
OPEC+ agrees to boost oil output by 500,000 barrels daily starting January 2024, potentially impacting global oil prices and Nigeria's economic outlook.
Ohiri's 20-Year Cultural Renaissance in Nigeria
Discover how Chief Dr. Chukwuma Ohiri's two-decade cultural journey is revolutionizing Igbo heritage preservation through art, education, and community engagement in Nigeria.
Exxon & Chevron Profits Dive as Oil Prices Fall
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
Navy dismantles illegal refinery, arrests 7 in Ondo
In a major security operation, the Nigerian Navy has dismantled an illegal refinery and arrested seven individuals across multiple communities in Ondo State, dealing a significant blow to oil theft activities in the region.
Nigeria: Africa's New Oil Trading Powerhouse Emerges
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
Apple Beats Earnings Forecasts with Strong Sales
Apple continues to dominate the tech world with better-than-expected earnings, driven by strong iPhone sales and growing services revenue. Discover how the tech giant is beating market predictions.
Ogoni People Suffer Despite Oil Wealth - MOSOP
MOSOP President reveals how Ogoniland remains impoverished despite massive oil wealth, demanding environmental justice and development from Nigerian government.
Shell Profit Jumps to $7.7B Amid Oil Price Surge
Shell records massive profit jump to $7.7 billion amid rising oil prices, signaling positive trends for Nigeria's oil-dependent economy and energy sector investments.
Nigeria loses N6tr yearly to opaque oil deals - NEITI
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
Tech Giant Supports Police Cybersecurity Walk in Lagos
Leading technology company joins forces with Nigeria Police Force to launch cybersecurity awareness campaign, educating citizens against rising digital threats in Lagos.
Foreigners Face Court Over N12B Oil Theft in Nigeria
Nigeria's anti-graft agency prosecutes five foreigners and their companies for massive crude oil theft in Rivers State, exposing sophisticated illegal bunkering operations.
Nigerian Tech Firm Rebrands to Seequre in Major Evolution
Leading Nigerian technology company announces strategic rebranding to Seequre, signaling new era of digital innovation and expanded service offerings across West Africa.
Meta Stock Plummets After ₦2.4 Trillion Tax Hit
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
Nvidia Hits $5 Trillion - First Company Ever!
Nvidia don break all records for global market as e become first company wey reach $5 trillion valuation. See how dis AI chip maker dey change the tech world.
Foreigners Arraigned Over ₦12B Oil Theft in Lagos
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
Navy dismantles illegal oil refinery in Ondo
In a major crackdown on oil theft, the Nigerian Navy has raided and completely dismantled a sophisticated illegal refinery operation hidden within Ondo State's riverine communities.
Foreigners Face Court Over ₦12B Oil Theft in Nigeria
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.
Contractors Threaten Protests Over Unpaid 2024 Projects
Indigenous contractors across Nigeria are threatening nationwide protests as Federal Government fails to pay for completed 2024 projects, creating financial crisis in construction sector.
Equinor's $251M Loss: Nigerian Oil Prices Plunge
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Venezuelan Oil Ships Dodge Drug Boats in Caribbean
Exclusive report reveals how Venezuelan oil tankers navigate through dangerous Caribbean waters filled with drug trafficking vessels while maintaining crucial energy exports.
Page 4 of 4