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Gov. Dickson blames IOCs for oil pollution in N/Delta

Gov. Seriake Dickson of Bayelsa has blamed International Oil Companies (IOCs) for degrading the predominantly swampy Niger Delta environment through oil and gas exploration...

Undeclared Crude Oil Revenue: FG takes Agip, Brasoil to Appeal Court

The Federal Government on Wednesday, filed a Notice of Appeal, challenging the decision of a Federal High Court Lagos, which dismissed a debt recovery...

Baru pledges use of new technology to reduce crude oil production cost

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says the corporation will strive to use new technology to reduce the...

Spillage: Again Aiteo shuts down Nembe Creek Oil Export Pipeline

Aiteo Eastern Exploration and Production says it is compelled to shut down the 97 kilometer Nembe-Bonny oil export pipeline due to discovery of additional...

South Sudan agrees oil exploration deal with South Africa

South Sudan and South Africa will sign a production sharing agreement for an untapped exploration block in the East African country, South Sudan’s petroleum...

NNPC pays N153.01bn into federation account in January

The Nigerian National Petroleum Corporation (NAN)  says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and...

Oil prices slip on way to weekly drop amid surging U.S. output

Oil prices dipped on Friday, paving the way for a weekly decline as surging U.S. output was expected to start hitting global markets soon. Brent...

Oil and gas investment: Osinbajo, Kachikwu meet Total delegation

Vice President Yemi Osinbajo and the Minister of State for Petroleum Resources, Ibe Kachikwu, on Tuesday had a close door meeting with a delegation...

U.S. sanctions on Iran, Venezuela set up crunch for heavier oil

Tighter U.S. sanctions on Iranian oil planned for May are adding to a wealth of factors curbing global supply of heavy-medium crude, driving up...

Oil falls after Trump presses OPEC to make up for Iranian sanctions

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying after President Donald Trump demanded that producer club, OPEC...

NNPC Says Its Gas Marketing Subsidiary, NGMC, Remains in Warri

… Disowns Insinuation of Plans to Spend N120Million Yearly on Rent, N294Million on Alleged Relocation The Nigerian National Petroleum Corporation (NNPC) has described as untrue insinuations that...

Brent oil hits $75 for first time in 2019 amid tighter Iran sanctions

Brent crude oil on Thursday rose above 75 dollars per barrel for the first time in 2019 in the wake of tightening sanctions on...

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Kwara, Anambra others fail to access over N66.8b UBE fund

Anambra, Enugu, Kwara and Plateau states topped the list of states that failed to access over N66.8 billion from the Universal Basic...

Indian man wears gold face mask to ward off coronavirus

An Indian man said he paid about $4,000 for a bespoke gold face mask to protect him from the coronavirus raging in...

The Fatuous And Infantile Statement By The Smellfungus Called Yekini Nabena – By Turaki Hassan

The statement issued by one Yekini Nabena on behalf of the All Progressives Congress (APC) desparetly seeking to...

COVID-19: Ebonyi indigenes in diaspora pray for Gov. Umahi’s speedy recovery

  The Association of Ebonyi State Indigenes in Diaspora (AESID) world-wide has extended its heartfelt sympathy to the governor...