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Kogi has finally joined the league of oil producing states in Nigeria as it received the first derivation allocation from the Federation Account. Mr Kingsley Fanwo,...
Chief Timipre Sylva, Minister of State Petroleum Resources, says the Organisation of Petroleum Exporting Countries (OPEC) decision to cut two million barrels of crude oil production...
The Nigeria Liquefied Natural Gas (NLNG), has declared force majeure on products supplied from its production facilities on Bonny Island in Rivers. Mr Andy Odeh, NLNG’s...
From Mike Tayese, Yenagoa Bayelsa State Governor, Senator Douye Diri, has alongside leaders of the Ijaw National Congress (INC) and other stakeholders calmed frayed nerves arising...
Chief Timipre Sylva, Minister of State for Petroleum Resources, says there are about 265 illegal refineries in the Shell Petroleum Development Company (SPDC) corridor alone as...
The Federal Government has recovered a total of N2.6 Trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative (NEITI) National Assembly intervention. NEITI...
Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producer, says a report by the Organisation of the Petroleum Exporting Countries (OPEC). OPEC made...
By Ubong Ukpong, Abuja Managing Director of Sahara Energy, Alex Cole, yesterday, denied the company received N35 billion subsidy payment from the Nigeria National Petroleum Company...
By Joseph Amah, Abuja Four oil companies – Chevron Nigeria Limited (CNL), Mobil Producing Nigeria (MPN), Shell Petroleum Development Company (SPDC) and First E&P are expected...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that daily fuel...
