The Nigerian National Petroleum Company Limited (NNPC Ltd.) would begin operation on July 1 as a limited liability company. The operation as a limited liability company...
FROM TAYESE Mike, Yenagoa The National Oil Spills Detection and Response Agency (NOSDRA) says investigations into two oil leak incidents at Agip’s oilfields in Bayelsa were...
The National Bureau of Statistics (NBS) says the price of automotive gas oil (AGO), better known as diesel, has increased by 2.54 percent in one month. ...
FROM TAYESE Mike, Yenagoa Health of Mother Earth Foundation (HOMEF), an environmental rights group, has trained no few than 60 residents of oil bearing communities in...
Nigeria’s Petrol Subsidy ‘ll Gulp N5trn, not N4trn in 2022–W/Bank . FG Struggling to Meet Debt Service Obligations-Minister By Joseph Amah, Abuja Minister of Finance, Budget...
The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have agreed to ramp up global oil supply, yielding to western pressures to pump...
The Federal High Court sitting in Yenagoa has restrained the Federal Government from issuing licences on marginal oilfields in the Niger Delta pending the determination of...
By Gom Mirian, Abuja Nigerian Navy, said it has danied oil thieves of about 11,781,937 Liters of illegally refined AGO, 20,378,414 Liters (128,180 bbls) of crude...
The Federal Government said it declined to consent to the proposed acquisition of Mobil Oil Producing Nigeria Unlimited (MPNU) assets by Seplat Energy, due to “overriding...
By Asowata Omosuri A cardinal goal of the Federal Government is to transform the Nigerian economy into a gas-powered economy by 2030. Ancillary to that is...