President Muhammadu Buhari on Thursday warned that the Federal Government would no longer tolerate the current theft and illegal refining…
Browsing: Oil
President Muhammadu Buhari has assured Nigerians that he would do everything necessary to secure oil facilities and other government assets…
President Muhammadu Buhari has assured Nigerians that he would do everything necessary to secure oil facilities and other government assets…
President Muhammadu Buhari has said that Nigeria made a costly mistake by depending on oil as the sole mainstay of…
Lagos State Governor, Akinwunmi Ambode, has announced that the state has officla become a producer of oil following the the…
Hon. Uzoma Nkem-Abonta, representing Ukwa Federal Constituency of Abia state under PDP in the House of Reps, has said President…
Armed militants attacked a major Chevron oil and gas facility off Nigeria’s southern coast, the military said Friday, and the…
Nigeria’s state oil company is in a standoff with energy giants ExxonMobil and Royal Dutch Shell over ownership of physical…
The Commissioner for Information in River State, Dr. Austin Tam-George, has call on President Muhammadu Buhari to allow oil-producing states…
The Chairman of the All Progressives Congress (APC), John Odigie-Oyegun has lamented the “loss” of very important states in the…
Total E&P Nigeria Ltd (TEPNG) said it has stopped exploration of crude on its Obagi-Rumuekpe 12 Oil Export Pipeline in…
There is a special day that has been set apart for Mothers by the United Nations and that itself is…
Oil prices edged higher on Wednesday as investors awaited the latest US supply report for clues about demand in the world’s biggest crude consumer. The US benchmark, West Texas Intermediate for delivery in July, gained 63 cents to $103.29 a barrel.…
The energy-rich Gulf states agreed Wednesday to resolve hurdles obstructing implementation of a long-delayed customs union, particularly revenue sharing, Kuwait’s finance minister said. Leaders of the six-nation Gulf Cooperation Council have set January…
Global oil prices advanced on Tuesday on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Donetsk. New York’s West Texas Intermediate (WTI) for delivery in May won 77 cents to $101.21 per barrel…
The Federal Government and the Republic of Namibia have proposed to construct a joint oil refinery to maximise cooperation in…
Oil prices diverged Monday as dealers digested news that Chinese manufacturing activity shrank in March to an eight-month low, stoking demand concerns in the world’s biggest energy consuming nation. In late afternoon deals, Brent North Sea crude for…
Global oil demand will rise faster than expected as the world economic outlook improves, the International Energy Agency said Friday, warning that the crisis in Ukraine can still drag down overall consumption. The latest demand estimate of 92.7 million…
The Attorney General of the Federation and Minister of Justice, Mohammed Bello Adoke, has said that the Nigerian National Petroleum…
Newly married Tiwa Savage has signed another multi-million naira endorsement deal months after being made a brand ambassador for MTN.…