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Crude oil theft can no longer be condoned – Sylva

The Federal Government says it is determined to stop the economic devastation occasioned by the activities of illegal refiners, pipeline…

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Nigeria’s crude oil production drops to 1.417mbpd in February – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined to an average of 1.417 million…

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Canada to ban import of Russian crude oil – PM

Canada will ban the import of Russian crude oil in response to the country’s military operation in Ukraine, Prime Minister,…

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NNPC records $224.29m proceeds from crude oil, gas export in August

The Nigerian National Petroleum Company (NNPC) Limited says it posted a total of $224.29 million receipts from crude oil and…

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We allowed crude oil to blind our eyes – Runsewe

Director-General of National Council of Arts and Culture (NCAC), Chief Olusegun Runsewe, speaks on national unity and the need to…

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Navy arrest 20 suspected crude oil thieves in Bayelsa

The Nigerian Navy Ship (NNS) Soroh, has arrested about 20 suspected crude oil thieves aboard a vessel marked MT TIS…

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OPEC says crude oil spot prices dropped by $1.74 in November

The Organisation of the Petroleum Exporting Countries (OPEC) says crude oil spot prices dropped by $1.74, or 2.1 percent, in…

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Wike commends military for success on war against insurgency

Gov. Nyesom Wike of Rivers State has commended the military for the success achieved in the fight against insurgency in…

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Oil holds near 3-year highs after OPEC+ keep tight control of taps

Brent crude oil futures stuck near three-year highs on Tuesday, with U.S. benchmark crude close to 2014 peaks. This is…

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Shell, environmentalists disagree on remediation of Ikarama Spills site in Bayelsa

Shell Petroleum Development Company (SPDC) and an Environmental Rights group, have disagreed on remediation of spilled sites at Ikarama community…

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