Petroleum marketers have told Nigerians to expect further hike in the pump price of petrol. The oil marketers explained that this is due to the...
Nigeria has been knocked off as Africa’s top crude oil producer by Angola. This was revealed in the direct communication data of April 2023 monthly...
The Nigeria Security and Civil Defence Corps, Rivers State Command, has uncovered an illegal local refinery at Otamiri-Etche in Etche Local Government Area of the state....
The federal government has given the number of litres of crude oil stolen daily in the country. At an investigative public hearing on “Oil lifting, theft...
The Nigerian National Petroleum Company (NNPC) Limited, has accused government officials, religious leaders, security agencies and even some NNPC staff of the theft of the nation’s...
The licensing comes despite a court ruling in May, restraining Abuja from issuing licences pending the determination of a suit by community elders. Nigeria has raised...
Nigeria, Africa’s largest economy and oil producer, is experiencing a fuel scarcity crisis. Fuel shortages in Nigeria, Africa’s largest oil producer, have caused two of its...
US President Joe Biden’s ban on Russian energy imports is latest move to punish Russia over its invasion of Ukraine. United States President Joe Biden has...
Saudi Arabian energy giant Aramco has seen its profits jump almost four times boosted by a rise in oil prices as demand recovers. The company added...
Crude oil prices rose on Tuesday, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained bullish about a quick...
The Nigerian National Petroleum Corporation (NNPC) has gotten a breakthrough in its search for oil in the Northern region of Nigeria as it just discovered crude...