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FG fails to recover N13.33bn gas flaring fines - Vimarsana News

FG fails to recover N13.33bn gas flaring fines

The Federal Government recorded a revenue shortfall of N13.33bn from gas flaring penalties issued against oil and gas firms in January and February 2023, according to findings by The PUNCH.

UK oil & gas firm boosts its stake in two Angolan offshore blocks - Vimarsana News

UK oil & gas firm boosts its stake in two Angolan offshore blocks

Afentra has inked a sale and purchase agreement (SPA) with Azule Energy Angola Production to boost its stake in two blocks offshore Angola.

With delays out of the way, UK oil & gas firm enters Angola - Vimarsana News

With delays out of the way, UK oil & gas firm enters Angola

Afentra plc has completed the acquisition of interests in two blocks offshore Angola from Croatia’s INA-Industrija Nafte.

Nigeria Slams N22bn Fine On Oil Firms Over Unhealthy Gas Flaring - Vimarsana News

Nigeria Slams N22bn Fine On Oil Firms Over Unhealthy Gas Flaring

The Federal Government will impose $49m (N22bn) fine on oil and gas firms operating onshore for flaring 24b Standard Cubic Feet of gas valued at about N40b

UK oil & gas firm gets green light for Angolan offshore blocks - Vimarsana News

UK oil & gas firm gets green light for Angolan offshore blocks

UK-headquartered Afentra plc has received approval from the Angolan Ministry of Mineral Resources, Oil and Gas for the acquisition of INA-Industrija Nafte's interest in two blocks offshore Angola.