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Group Honours Shell For Youth Development Programmes

ENERGY giant, The Shell Petroleum Development Company of Nigeria Limited (SPDC), has been honoured for providing opportunities to talented secondary school students in the...

Oil rebounds to $62 on hopes for U.S.-China trade deal

Oil rose above 62 dollars a barrel on Thursday after China hinted at progress toward a trade deal with the United States, raising hopes...

Nigeria loses $41.9bn to crude oil theft in 9 years – NEITI

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...

NNPC saves over $3bn from arbitration – Kyari

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the corporation saved more than three billion dollars from arbitrations. Kyari made...

NNPC Signs MoU With Russian Oil Company, Lukeoil

Nigeria and Russia Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum...

Oil slips below $61 as weak demand outlook weighs

Oil slipped below 61 dollars a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and...

FG has no plan to remove fuel subsidy – Sylva

The Minister of State for Petroleum, Mr Timipre Silva on Thursday assured Nigerians that the Federal Government has no immediate plan to remove fuel...

FG to establish oil and gas parks in Akwa Ibom, Bayelsa

The Federal Executive Council (FEC), on Wednesday in Abuja, approved the establishment of oil and gas parks in Akwa Ibom and Bayelsa states. Minister of...

Shell remits N720bn to NDDC in 16 years – GM

Shell Petroleum Development Company of Nigeria (SPDC) and partners have remitted about two billion U.S. Dollars (about N720 billion) to the Niger Delta Development...

The NLNG 20/30 Anniversary: NLNG Commends Bonny People  …As Amanyanabo Calls For Sustained Relationship

As part of event marking NLNG 20/30 anniversary celebration, Nigeria LNG today paid a courtesy call on His Majesty, King Dr. Edward Asimini William...

OML-25 Host Communities pleading for school in 2019, saddens me — Buhari

President Muhammadu Buhari says he felt touched and sad to know that OML-25 Host Communities are pleading to have primary schools in 2019 after...

Oil falls a third day as U.S.-China trade tensions may limit demand

Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade...
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DSS should Release Ambrose Nwogwugwu immediately or Charge him to Court

DSS should Release Ambrose Nwogwugwu immediately or Charge him to Court. This is the  sacred principle of Rule of Law upon which...

5th Anniversary: Buhari is killing Nigeria with debt, says Timi Frank

Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Friday, said that...