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Decklar Resources Inc, has completed a first closing of the Company’s previously announced unit offering for total gross proceeds of approximately CAD $10,000,000.The company disclosed that funds from this financing will be used to…
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Mali’s interim President Bah Ndaw and Prime Minister Moctar Ouane tendered resignation. Agence France-Presse reported this on Wednesday, citing military and diplomatic sources.Late on Monday, a source told Sputnik that Malian…
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Nigeria’s quest for massive indigenous participation in the nation’s oil and gas industry has received a boost as Pacegate Energy and Resources Limited (PEARL), launched an ultra-modern manufacturing plant where drilling chemicals,…
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…Deal to Yield Over $780million in Immediate Revenues to GovernmentThe Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners - Shell Nigeria Exploration and Production Company (SNEPCo), Total…
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The Nigerian Content Development and Monitoring Board (NCDMB) said on Tuesday that it had committed a total of $332million under its commercial ventures partnership programme with a view to attracting project developments in-country valued…
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· NCDMB promises two additional modular refineries · NNPC woos potential investors By Teddy NwanunobiThe Minister of…
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…Urge Tompolo to intervene, call IYC to orderSOME activists in the Niger Delta have questioned the planned protest and call by Ijaw Youth Council, IYC, asking for inauguration of a new board of Niger-Delta Development Commission,…
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Residents and motorists narrowly escaped death in the early hours of Tuesday, when a diesel-laden tanker suddenly exploded after losing control along Banire, Ikotun Road, Alimosho area of Lagos state.According to a source, the incident…
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The Department of Petroleum Resources (DPR) has charged stakeholders in the African oil and gas industry to rise to the challenge of harnessing the over 125 billion barrels oil reserve and 625 trillion cubit feet (tcf) of natural gas…
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Governor Nyesom Wike of Rivers State has said that his party, the Peoples Democratic Party (PDP) will suffer if he leaves for another party.Wike made the assertion on Monday while briefing newsmen in Government House, Port Harcourt,…
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