By Sumaila Ogbaje A non-governmental organisation, Ayudantes Empowerment Initiative (AEI) has hailed the Organisation of the Petroleum Exporting Countries (OPEC) report on Nigeria’s crude oil production. NAN reports that OPEC…
Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), has said that no directive was issued to the Nigerian National Petroleum Company Limited (NNPC Ltd.) to increase petroleum prices to…
The management of Matrix Energy Group, an indigenous and independent oil marketing and trading company, has said that it has never imported or distributed any substandard cargo in to the…
A financial expert, Mr Okechukwu Unegbu, has advised the Federal Government to consider pricing the country’s crude oil, in Naira in order to strengthen the local currency. Unegbu, a past…
The House of Representatives’ Special Committee on Oil Theft has promised to collaborate with the Nigerian Armed Forces and other security organisations in the country to tackle the scourge of…
The management of Dangote Petroleum Refinery has commenced registration of distributors for its products, a statement by the outfit said on Friday in Lagos. According to the statement, members of…
The Federal Government says it has developed a roadmap to end crude oil theft in the country. Gov. Hope Uzodimma of Imo and the Chairman, Crude Oil Theft and Management…
Amidst soaring inflation and foreign exchange challenges, Nigeria’s petroleum sector is grappling with a profound disruption as the price of petrol trucks has soared from a mere N7 million in…
Gov. Sheriff Oborevwori of Delta on Tuesday cautioned fuel marketers in the state against hoarding of Petroleum products especially Premium Motor Spirit (PMS) also known as petrol. The governor gave…
The Nigerian Navy on Sunday returned a Norwegian-registered vessel, MT Heroic Idun, caught attempting to steal Nigeria’s crude oil in August 2022. The navy arrested the oil tanker and its…
The Nigerian National Petroleum Company (NNPC) Limited has said Nasarawa State is expected to join the league of oil-producing states in the country, as it would commence its first oil…
By Aderogba George (NAN) The Chairman, Nigerian Society of Engineers (NSE), Bwari Branch, FCT, Dr Halimat Adediran, has said that Nigeria cannot continue to depend solely on crude oil for…
By McSlim Danji The Rivers state command of the Nigeria Security and Civil Defence Corps (NSCDC) has disbanded its anti-vandal unit, over illegal oil bunkering allegations.This is contained in a…
Alhaji Adedayo Thomas, Executive Director, National Film and Video Censors Board (NFVCB), says the film industry was the ‘new oil’ that could attract investors and create jobs. The Director made…
Vice President Yemi Osinbajo says the plan to defund gas projects in the run up to the global Net-Zero emissions target will be unhelpful to developing countries such as Nigeria.…