Petroleum Subsidy, Others Put Nigeria in Serious Revenue Crisis – Budget Office
Nigeria’s Budget Office has raised an alarm regarding the impending revenue problem…
Oil slips below $80 on rising U.S. stockpiles
Oil slipped below $80 a barrel on Thursday as the fourth weekly…
Shell, Community Disagree On Impact of Oil Spill
A disagreement in the areas impacted by an oil spill on the…
Federal Allocation: Governors Reject NNPC Remittance as Stalemate Continues
The controversy trailing the Federal Accounts Allocation Committee (FAAC) for the last…
Oil rises closer to $80
Oil prices on Thursday hit their highest since December, 2014, pushed up…
NNPC says did not sell crude to phantom companies
The Nigerian National Petroleum Corporation (NNPC) on Thursday said it had no…
Price of oil rises above $65
The closure of the Forties North Sea pipeline has removed substantial amounts…
Oil Prices Rise Over Renewed Fears of Iran Sanctions, Iraq Conflict
Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions…
China Sept. crude oil, gas imports jump ahead of winter fuel demand
China’s September crude oil imports climbed to the second highest level on…
Nigeria has earned N 118 trillion from crude oil – Stats Bureau
The National Bureau of Statistics (NBS) has revealed that Nigeria has made…
Nigeria realises N118trn in 53 years from crude – NBS
The National Bureau of Statistics (NBS) says Nigeria has realised more than…
Ex PPMC boss to forfeit nine Dubai properties over $24bn crude oil fraud
The Economic and Financial Crimes Commission, has obtained an interim of forfeiture…
Oil prices rise toward $56 as demand outlook brightens
Oil prices were lower on Friday but on course for weekly gains,…
Crude won’t be an income resource in 10 years – Kachikwu
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the…
Pipeline vandalism: Nigeria defers 700,000 barrels of crude in 2016, says NNPC
The NNPC said about 700,000 barrels per day (bpd) of crude oil…
Petroleum Minister, Ibe Kachikwu Promises To Resign
The Petroleum Minister, Ibe Kachikwu has promised to resign from office if…
Crude Oil: Reps to probe pre-shipment inspection process
The House of Representatives said it would investigate alleged violation of Public…
USA v Iran: How Nigeria Might Benefit from Iran’s Woes
Prices of crude oil rose to $57.095 per barrel on Friday, February…
Oil prices jump as OPEC cuts output, dollar sinks
Oil prices rose more than one per cent on Tuesday after news…
Scientist disagrees with Shell on impact of oil leak on Bayelsa communities
An Environmental Scientist, Ms Benita Siloko, has disagreed with Shell Petroleum Development…
2017 Budget: $42 crude oil benchmark will create room for savings in ECA -Commission
The Fiscal Responsibility Commission (FRC) stated on Tuesday that leaving the crude…
China sets first crude 2017 import quotas at 68.8 mln tonnes for non-state companies
China has issued the first batch of crude oil import quotas for…
N5.2bn Crude Oil Fraud: Lawyers, NGO want EFCC to prosecute suspects
An NGO, the Legion of Aggrieved Nigerians Against Crime (LANAC) and some…
NNPC names 39 crude oil off-takers for 2017/2018
The Nigerian National Petroleum Corporation (NNPC) on Wednesday released names of 39…
Federal Government Reports Oil Discovery in Borno
The recent oil exploration activities initiated by the Federal Government in the…
EXPOSED: The Satanic Collaboration Between NNPC And NPDC In Crude Oil Lifting – Sen. Dino Melaye
Senator Dino Melaye representing Kogi West in the Senate has in a…
Selling crude oil not best world practice — NNPC GMD
Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC),…
Oil hits $55.33 high in buying rush after OPEC agreement
Crude roseabove 55 dollars a barrel as rising prospects of a tightening market after…
Nigeria to Import Crude Oil from Niger
As militants step up activities to sabotage oil facilities in the Niger…
Nigerian crude is not ‘stranded’ – GMD
Dr Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum…