Dangote Petroleum Refinery has denied reports of mass sackings at its facility, stating that over 3,000 Nigerians continue to work actively within the refinery. In a...
ByteDance Ltd., the Chinese parent company of TikTok, is expected to retain as much as half of the profits generated from the platform’s U.S. operations even...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved the $510 million divestment of TotalEnergies Exploration and Production Nigeria Limited’s 12.5 percent contractor interest in Oil...
The dismissal of Nigerian staff at the Dangote Petroleum Refinery has triggered concerns over job security and labour relations in Nigeria’s energy sector. According to an...
President Donald Trump has advanced a plan for American investors to acquire TikTok’s U.S. operations at a valuation of about $14 billion, a figure that falls...
Italy’s antitrust regulator has imposed fines exceeding €936 million ($1.09 billion) on six oil companies, including Eni and ExxonMobil-owned Esso, for operating a cartel that restricted...
Abbey Mortgage Bank Plc has notified the Nigerian Exchange Limited (NGX) of a significant share dealing by one of its substantial shareholders, VFD Group Plc. According...
Seplat Energy Plc has confirmed it is in discussions with the Nigerian National Petroleum Company Limited (NNPC) regarding a potential sale of a 10 percent interest...
Seplat Energy Plc has outlined an ambitious medium-term growth plan that will see its working interest production increase to approximately 200,000 barrels of oil equivalent per...
TikTok’s US operations are set to be acquired by a consortium led by Oracle Corporation, alongside Andreessen Horowitz and Silver Lake Management LLC, under a framework...
