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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the recent drop in global crude oil prices has sparked hopes of acorresponding reduction in...
By David Torough, Abuja The Federal Executive Council has officially directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. The Ministry of Finance,...
Organisation of Petroleum Exporting Countries (OPEC), says Nigeria’s average daily crude oil production increased significantly to 1.539 million Barrels Per Day (bpd) in Jan.The country for...
By David Torough, Abuja Dangote Petrochemical Refinery has given reason for its recent adjustment in the price of petrol, saying it is because of the rising...
From Mike Tayese, Yenagoa Former Secretary General of the defunct Movement for the Emancipation of the Niger Delta (MEND), Jude Gbaboyor has petitioned the management of...
From Mike Tayese, Yenagoa The incessant oil spills in Ogboinbiri Community in Southern Ijaw LGA of Bayelsa State has been described as a monthly occurrence, with...
The Nigerian Navy confiscated more than 8.1 million barrels of stolen crude oil and 86,500 MT of illegally refined AGO in four years. The Chief of...
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says it has achieved 1.8 million barrels per day crude production following continuous dislodgement of pipeline vandals and...
From Mike Tayese, Yenagoa The Nigerian Content Development and Monitoring Board (NCDMB) has canvassed industry-wide support for initiatives that would reverse negative trends in Nigeria’s energy...
The Nigerian Navy Forward Operating Base (FOB), Ibaka has arrested three suspected oil thieves carrying a boat containing crude oil worth N32 million in the state....
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