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...
Oil Prices Extend Decline on Growing Supplies Oil prices have declined due to a projected increase in United States crude stockpiles and as Saudi Arabia committed...
Nigeria’s Oil Exports to Drop as Fire Outbreak hits 250,000bpd Pipeline Nigeria’s oil exports may suffer a fresh setback following the damage done to the Trans...
Oil Prices Edge Higher After Saudi Attacks Global oil prices continue to rise on Friday following Saudi Arabia attacks by the Yemeni rebel from Houthi-held capital....
Nigeria, Others to Account for 53% of Fossil Fuel Nigeria and other countries will account for 53 per cent of fossil fuel in use by 2040,...
OPEC Expects Tighter Oil Market Amid Renewed Geopolitical Tensions The Organisation of Petroleum Exporting Countries has said it expects the global oil market to tighten further...