Oil & Gas
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Oil Theft: 58 illegal oil points discovered in Delta, Bayelsa – Tompolo
About 58 illegal oil points have been discovered so far since the operation to end oil theft on the waterways…
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One million barrels of Nigeria’s crude stolen daily — Senate President Ahmad Lawan
The President of the Senate Ahmad Lawan says Nigeria loses one million barrels of crude oil daily to crude theft.…
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Gbajabiamila advocates stricter handling of oil thieves
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has advocated stricter handling of the oil thieves considering the…
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Amid fuel queues, NNPC says there’s nothing to worry about, cautions against panic buying
The Nigerian National Petroleum Company (NNPC) Limited has said that it had enough premium motor spirit, popularly called petrol, despite…
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Fuel scarcity worsens in Abuja, sells for N350 per litre
The lingering fuel scarcity worsened in some parts of the country with motorists buying petrol between N300 and N350-litre in…
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OPEC, non-oil cartels agree to cut oil output by 2m barrels per day
Oil Production Exporting Countries (OPEC) including non-oil cartel members known as OPEC+ has agreed at a meeting in Geneva, Switzerland…
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Apprehension as fuel queues return to Abuja
Motorists in Abuja woke up to a rude shock on Tuesday morning to find many petrol stations empty without products,…
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Old PH Refinery will become functional by December this year – FG
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Wednesday, said that the Old Port Harcourt Refinery would…
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Nigeria losses $2.7bn as oil production falls below 1mb/pd
Nigeria’s oil production crashed below the one million barrels per day mark in August costing the country about $2.658 billion,…
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Oil workers to embark on protest over oil theft in Niger Delta, blame soldiers
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Wednesday threatened showdown with the federal government over…
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