Oil falls below $100, Nigeria’s production hit 1.158mb/d
Brent, the international benchmark for crude, fell below $100 per barrel on Tuesday as the…
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Lekoil to acquire $110m loan, save oil well
Lekoil Nigeria Limited, an oil and gas exploration and production company, has announced it is…
Ex-OPEC Scribe Urges Host Communities to See Investors as Partners
A former the Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC) King Edmund…
Wabote urges GOCOP to assist in weeding out bad eggs in journalism
Lagos, Nigeria, 17 February, 2022: The Executive Secretary of the Nigerian Content Development & Monitoring Board (NCDMB), Engr.…
Oil is owned by Niger Delta, not Nigeria, says author
A Nigerian author and journalist, Dr. Michael Owhoko, has said that the oil found in…
Shell disputes $2 billion oil spill case, appeals judgement
Royal Dutch Shell has appealed a 2020 $2 billion judgement which was awarded against her…
Nigeria Has Adequate Local Capacity to Contain Oil Spills, Says NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has debunked speculations that the country lacks capacity…
Chevron, ExxonMobil, others to pay NNPC N156bn for crude exports
Nine multinational oil companies including Chevron and ExxonMobil will pay the Nigerian National Petroleum Company…
Cooking gas price jumps by 240%, marketers halt imports
Importers of Liquefied Petroleum Gas, popularly called cooking gas, have stopped importing the commodity. Investigations…
Subsidy payment costs N864.07bn in nine months –NNPC report
The Nigerian National Petroleum Corporation spent a total of N864.07bn between January and September subsidising…