Energy Industry

House of Reps and Oil Industry Leaders Unite to Shape the Future of Downstream Energy
Key figures from Nigeria’s oil and gas sector, including legislators, regulators, and industry leaders, are preparing to gather in Abuja for the inaugural House Committee...

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Politics Today
4 weeks ago4 weeks ago

Key figures from Nigeria’s oil and gas sector, including legislators, regulators, and industry leaders, are preparing to gather in Abuja for the inaugural House Committee on Petroleum (Downstream) Week. This premier event aims to foster high-level discussions that will influence the trajectory of the nation’s downstream petroleum industry. The opening ceremony will be officiated by...

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ExxonMobil Slashes 2,000 Jobs in Bold Restructuring Move
ExxonMobil, a leading player in the oil industry, is set to eliminate approximately 2,000 positions worldwide as part of a strategic move to consolidate smaller...

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Politics Today
1 month ago1 month ago

ExxonMobil, a leading player in the oil industry, is set to eliminate approximately 2,000 positions worldwide as part of a strategic move to consolidate smaller offices into centralized regional hubs, aligning with its long-term operational goals. This workforce reduction accounts for roughly three to four percent of Exxon’s total global employees and is a continuation...

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NNPC Profit Takes Another Hit, Plummeting to N185 Billion in July
NNPC Reports Decline in July Profits Amid Strong Half-Year Contributions The Nigerian National Petroleum Company Limited (NNPC) has revealed a significant decrease in its profit...

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Opinion
3 months ago3 months ago

NNPC Reports Decline in July Profits Amid Strong Half-Year Contributions The Nigerian National Petroleum Company Limited (NNPC) has revealed a significant decrease in its profit for July 2025, with earnings falling to N185 billion. This marks a continued downward trend in monthly profitability for the state-owned oil giant. Robust Half-Year Payments to Federation Account Despite...

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