Ex-presidents
Vice President Kashim Shettima has publicly recounted his tumultuous experience as the Governor of Borno State under the administration of former President Goodluck Jonathan. Speaking at the presentation of a book titled _'OPL 245: Inside Story of the $1.3 Billion Nigeria Oil Block,'_ authored by Mohammed Adoke,
Cabinet officials
In Nigeria, the guilty often go free while the innocent are subjected to prolonged legal ordeals. This was the disturbing allegation made by Senior Advocate of Nigeria (SAN), Chief Kanu Agabi, at the presentation of a book, 'OPL 245: Inside Story of the $1.3 Billion Nigerian Oil Block.
Cabinet officials
Naija247news reports that Mohammed Bello Adoke, Nigeria's former Attorney-General and Minister of Justice, has accused former President Olusegun Obasanjo of initiating the scandal surrounding the Oil Prospecting License (OPL) 245 deal. According to Adoke's memoir, Burden of Service: Reminiscences of Nigeria's Former Attorney-General, Obasanjo
Ex-presidents
The Minority in Parliament is disputing the National Democratic Congress (NDC) government's claim of credit for recent oil discoveries, saying they were made during the previous Akufo-Addo administration. According to Collins Adomako-Mensah, Member of Parliament for Afigya Kwabre North and Ranking Member on Parliament's Energy Committee,
Oil fields
The Changqing Oilfield's shale oil reservoirs present significant development challenges due to their characteristics, including thin single sand bodies, strong heterogeneity, and insufficient natural energy. To overcome these challenges, technological innovation has led to a breakthrough, enabling efficient development of these reservoirs. The field has shifted its focus
Petroleum industry
The Ignis Petroleum Group, a Dallas-based oil and gas production company, announced the commencement of drilling operations in their Sherburne Field development well prospect. The well, located in Point Coupee Parish, Louisiana, has a target depth of 9,800 feet and is expected to take approximately one month to complete.
Petroleum industry
Australian motorists can expect to pay higher prices at the pump as the US thinks that the possible shutdown of North America's largest oil field, Prudhoe Bay in Alaska, could severely impact supply chains. The shutdown could cause oil prices to surge, making it a difficult time for
Petroleum industry
Costilla Energy, Inc. reported that its board of directors has authorized the repurchase of 500,000 shares of the company's common stock, or about five percent of the 9,981,000 outstanding common shares. This decision reflects management's conviction that the current market price of the
Petroleum industry
Swift Energy Co., an independent oil and gas exploration and production company, has seen its corporate credit rating and subordinated debt rating affirmed by Standard & Poor's. The rating remains stable, with $100 million in rated debt securities affected. The company's focus is on the onshore
