Nigeria Revokes Six Oil Block Licences The Federal Government has revoked six oil block licences due to ‘legacy debts’. In a notice issued on Thursday by...
Nigeria Loses N995.2b Yearly to Oil Theft Nigeria is losing N995.2 billion yearly to the activities of oil thieves, Nigerian Natural Resources Charter (NNRC) has said....
‘Nigeria Keen on Downstream Deregulation, Liberalisation’ The Department of Petroleum Resources (DPR) has indicated that Nigeria has not given up on its intention to fully liberalise...
Trade Wars, Disruptions Drag Oil Price Down to $69 Crude oil prices dropped Wednesday to $69 per barrel, representing about two percent reduction over its previous...
76 Oil Wells: Get Ready to Battle FG, Ayade Tells SANs Cross River State Governor, Professor Ben Ayade, has called on Senior Advocates of Nigeria (SANs)...
Trans-Forcados Pipeline Fire: NGO Berates FG, IOCs An environmental and non-governmental organisation, Centre for Peace and Environmental Justice (CEPEJ), has berated the federal government, NOSDRA and...
Senate Approves N69bn Subsidy Payment for 20 Oil Marketers The Senate on Tuesday approved the payment of N68.9bn as outstanding subsidy claims to 20 petroleum marketers....
OPEC Calls for Adherence to Oil Output Deal The Organisation of Petroleum Exporting Countries (OPEC) has called on its member countries as well as non-OPEC countries...
Nigeria’s Crude Oil and Gas Exports Rise 32.45% in February The Nigerian National Petroleum Corporation (NNPC) has said the total crude oil and gas exported in...
NPDC, Seplat Short-changed FG by $1.8bn, N8.8bn —Presidential Panel The Special Presidential Investigation Panel for the Recovery of Public Property says the Nigerian Petroleum Development Company...