[This Day] Amid growing Non-Performing Loans (NPL) and unstable global oil prices, a total of nine banks' exposure to the Oil & gas sector increased to N15.6 trillion in 2024, representing about 94.4per cent increase from N10.17 trillion reported in 2023 financial year.
Posts
[Vanguard] ...As market records stiff competition
[Vanguard] ·As Dangote Refinery export diesel, import crude
[Vanguard] The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPR) has urged filling stations to follow regulations and avoid shortchanging customers by under-dispensing fuel.
[This Day] For closing at -13.20 per cent in the first four months of 2025, the Nigerian Exchange Limited (NGX) Oil & Gas Index has maintained its position as the worst performing indicator on the bourse amid the overall stock market growth in the period under review.
[The Green Connection] As court hearings unfold this week in the Western Cape High Court, small-scale fishers and coastal communities from across the Northern and Western Cape have united with civil society organisations The Green Connection and Natural Justice (the applicants) to resist oil and gas exploration in Block 5/6/7 - a marine region critical to their survival. Through the legal challenge, the applicants seek a judicial review of the Environmental Authorisation (EA) granted in 2023 to TotalEnergies for offshore
[New Republic] In a determined stride toward unlocking Liberia's oil and gas potential, the leadership of the National Oil Company of Liberia (NOCAL) today concluded a high-level engagement with top Nigerian business leaders and energy executives. This mission marks a significant step in building cross-border partnerships that can accelerate investment and innovation in Liberia's energy sector.
[Vanguard] The Federal Government on Wednesday directed the management of the Nigerian National Petroleum Company Ltd. (NNPCL) to increase oil production beyond current levels by the end of the year.
[New Era] Swakopmund -- Urgent action is needed to improve offshore safety in Namibia's growing oil and gas sector as any lapse in health, safety and environmental standards could derail the country's energy ambitions.
[Namibian] Police inspector general Joseph Shikongo on Saturday lashed out at illegal Angolan fuel traders, also known as 'ngungula' traders, who are allegedly disrespecting him as the chief of the police.
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