Shell Petroleum Development Company of Nigeria (SPDC) says it hasdeclared force majeure on exports of Nigerian Forcados crude oil aftera malfunctioning barge obstructed a tanker path....
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it will report oil and gas companies that have defaulted in remittance of various profit taxes to the...
By Joseph Chibueze, Abuja President of the Association of National Accountants of Nigeria(ANAN), Prof. Benjamin Osisioma says there is absolutely no need forNigerians to be fighting...
By Joseph Chibueze, Abuja Nigeria’s quest to achieve self-sufficiency in palm oil production isgaining traction as the nation’s crude palm oil production now standsat 1.029 million...
Russian oil and gas would be in demand on the global energy market for many years to come, in spite move to greener energy by some...
By Torkwase Nyiekaa, Abuja The House of Representatives rejected a motion that sought to declare Bauchi as an oil producing state in the country. The motion,...
Oil prices gained for a second day on Thursday after draw-downs in U.S. inventories and accelerating German economic activity bolstered confidence in the fuel demand recovery....
Data from the National Oil Spill Detection and Response Agency (NOSDRA) indicate that oil spills and pollution occur due to sabotage by oil thieves, pipeline vandals,...
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that the country lost 41.9 billion dollars to stolen and refined crude oil products in nine years. NEITI...
The Nigerian National Petroleum Corporation [NNPC], recently announced the finding of oil and gas in the north-eastern part of the country. Significantly, the discovery of petroleum in the Gongola...