South Sudan is experiencing a rapid decline in oil output, with its oilfields yielding less crude after reaching maturity, a…
Browsing: Oil
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday disclosed that the country earned a total sum of $34.22 billion from…
Nigerian National Petroleum Corporation (NNPC) through its subsidiary Duke Oil has sealed a pact to supply 30,000 barrels per day…
The senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards attaining profitability and stamping out corruption…
A top global ICT infrastructure provider, Huawei, has introduced new ICT solutions for higher safety and efficiency in the oil…
• 2020 fiscal deficit stands at N6.6tr as debt hits N33.1tr • ‘FX rate may hit N700/$ before next year’…
The Nigerian National Petroleum Corporation (NNPC) says $40 billion investment is needed to accomplish the nation’s gas plan. Yusuf Usman,…
The African Refiners and Distributors Association (ARDA), a pan-African organisation for the downstream oil sector in Africa, says Nigeria and…
The Organisation of Petroleum Exporting Countries and non-OPEC ministerial meeting has reaffirmed its commitment to a stable global market in…
Nigeria has awarded the rights to develop marginal oilfields to 50% of the 161 firms shortlisted after they met all…
The Nigerian National Petroleum Corporation, NNPC, has moved to explain its recent bid to acquire 20 percent stake in the…
A Federal High sitting in Port Harcourt has convicted and sentenced one Job Wilfred to three years imprisonment. Wilifred was…
The Acting Chairman of the Economic And Financial Crimes Commission, EFCC, Mr. Ibrahim Magu has cautioned illegal oil bunkerers in…
Human Right lawyer, Chief Femi Falana, has urged President Muhammadu Buhari to avoid allotting oil blocs to individuals in Nigeria,…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has urged ExxonMobil and other International Oil Companies (IOCs) to…
Minister of Women Affairs, Dame Pauline Tallen, has urged women in the Nigerian oil and gas industry to work towards…
The Ooni of Ife, Oba Enitan Ogunwusi, has said that the biggest misfortune Nigeria has ever faced is the discovery…
The presidential candidate of the Young Progressives Party (YPP), Prof. Kingsley Moghalu, has disclosed that he’ll privatise the Nigerian National…
Oby Ezekwesili, has accused President Muhammadu Buhari of paying more attention to the search for crude oil than the life…
Muhammadu Buhari has promised that the income accrued by Nigeria on rising oil prices will be spent on infrastructural development.…