Two Pipeline Vandals Sentence to 12 Years Imprisonment The rising number of pipeline vandalism across the nation has prompt security agencies to beef up security around...
Oil Firm to Boost National oil Output by 20,000bpd LEKOIl, an indigenous oil and gas firm, has said its investment in the oil and gas sector...
Oil Firms Sign $350m Deal to Develop Marginal Fields Green Energy International Limited, operator of the Otakikpo marginal field in Oil Mining Lease 11 in Rivers...
We’re Not Getting Forex at N305/$1, Oil Marketers Lament The Major Oil Marketers Association of Nigeria has said its members are not getting foreign exchange at...
OPEC Agrees to Extend Production Cuts to 2020 The Organization of the Petroleum Exporting Countries (OPEC) and ten other non-OPEC members have agreed to extend oil...
Oil Prices Freefall Despite OPEC Deal Oil prices continue to freefall despite OPEC’s success at extending production cuts into 2020. The Brent Crude oil, against which...
Nigeria, Others Support Nine-month Oil Cut Extension Nigeria, on Monday, expressed its support for a nine-month extension of oil production cuts by the Organisation of Petroleum...
NCDMB Disburses $160m from Nigerian Content Intervention Fund The Nigerian Content Development and Monitoring Board on Monday revealed that it had so far disbursed $160m out...
Energy, Yardstick for Growth – Energia MD The Managing Director of Energia Limited, Mr Leste Aihevba, has described energy as the yardstick for the growth of...
Crude Oil: Nigeria Produces 56.4mb in May Nigeria’s crude oil production, including condensates and natural gas liquids, dipped slightly in May, according to the Central Bank...