NNPC losses 560,000 barrels of crude to vandals, seeks NSCDC support
The NNPC on Wednesday said that it had lost 560,000 barrels of…
More Trouble For Nigeria As India Boycotts Nigerian Crude
A number of Indian state-owned refiners have been picking up Malaysian oil…
Crude Oil Purchase From Nigeria – US Ambassador Opens Up
Mr James Entwistle, the outgoing United States ambassador to Nigeria, has denied…
Avengers push oil above $50
Crude prices edged up on Monday, building on recent gains with Brent…
Envoy explains why U.S. stopped importation of Nigeria’s crude oil
The U.S. Ambassador to Nigeria, Mr James Entwistle, has said that there…
Niger Delta Avengers Finally Ready for Dialogue, List Conditions
The Niger Delta Avengers have finally agreed to talks with the government…
Crude Oil Output Hits 1996 Lows
The Bloomberg reports some worrying stats relating to Nigeria's crude oil output…
Crude Production Falls Further As Exxon Mobil Pipeline Damaged
Nigerian crude oil production has taken a deeper nosedive as a drill…
Crude Oil Production Begins In Lagos
Yinka Folawiyo Petroleum Co. Ltd (YFP), a Nigerian oil firm, has revealed…
Nigeria loses $700m monthly on shipment of crude oil – NISA
The president, Nigeria Indigenous Ship Owners Association (NISA), Mr Aminu Umar, said…
APC lists Oil Price recovery as part of Buhari’s achievements
During the 2015 elections, President Muhammad Buhari promised to regulate the price…
Crude Oil Price Rises As Producers Announce Meeting On Output Freeze
Oil prices rose on Wednesday following announcement that producers will meet next…
Crude Oil Will Soon Sell For $50 – Nigerian Government
Despite doomsday prophecies from international financial institutions concerning the price of oil,…
Revealed: NNPC To Begin Daily Importation Of 45m Litres of Petrol
The Nigerian National Petroleum Corporation (NNPC) has revealed that it would begin…
Nigerians should prepare for a time when the country will begin crude oil importation – Onu
The Minister of Science and Technology, Ogbonnaya Onu, while playing host to…
Crude Can Sell For $5, Nigeria Will Still Succeed – Lai Mohammed
Minister of Information and Culture, Alhaji Lai Mohammed has said that it…
Shi’ite Killing Leads To Rise In Crude Oil Price
The execution of a prominent Shiite leader by Saudi Arabian authorities has…
Federal Government Sets $38 As Oil Benchmark For 2016
The Minister of National Planning and Budget, Udo Udoma stated yesterday after…
Salvaging the naira – Adebiyi Adesuyi
Our national currency, the naira, has been losing its external value at…
Lagos Soon to Enjoy Status of “Oil Producing State” As Crude is Discovered in Commercial Quantity
Lagos state Government, yesterday, confirmed that it was aware of the discovery…