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Tag : Total

Business

IPMAN calls for local refining to fix petroleum sector

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File Photo Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its...
Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Business

Nigerian lawmakers order probe into $18 billion NLNG dividend

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Stock Photo Nigerian lawmakers have instructed the country’s most senior accountant to investigate payments totalling $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied...
Business

NSE strengthens investor protection, upgrades X-Whistle

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The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle. X-Whistle which was first launched in 2014, is a web-based whistleblowing...
Business

Total: PIB to drive new wave of investments in Nigeria’s oil industry

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Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave...
Business

Mele Kyari: NNPC now EITI supporting company

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI)...
Business

Saudi Aramco profits dive 73% as coronavirus batters oil demand

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Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis...