We’re worried Nigeria has highest crude oil production cost globally – Petroleum Minister
The Minister of State for Petroleum Resources, Timipre Sylva, says the ministry…
Environmentalist Urges Strict Action Against Oil Sector’s Greenhouse Gas Emissions
An environmentalist, Mr Emmanuel Emechete, has urged the Federal Government to take…
Petrol Price: Deregulation Of Downstream Sector Caused By Consumer Exploitation By Oil Marketers – FG
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said…
We deregulated downstream oil sector in March — Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva says the…
Petrol Price: Oil Dealers Say FG Setting Them Against Consumers
Oil dealers have decried the action of the Federal Government who…
IPMAN Confirms Purchase of PMS at N108 Per Litre Ex-Depot Price
The President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo…
Wike turning into a dictator – Adegboruwa
A Senior Advocate of Nigeria (SAN), Ebunolu-Adegboruwa says Rivers State Governor, Nyesom…
Nigeria Needs to Increase Local Refining Capacity, Says IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says Nigeria needs to…
NNPC Reduces Ex-Depot Price of Petrol
The Nigerian National Petroleum Corporation (NNPC) has announced a reduction in the…
IPMAN Team to Curb Movement of Adulterated Products — Official
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it has set…
NNPC New Staff to Assume Virtual Duty May 4 – Obateru
No fewer than 1,000 graduate trainees recently recruited by the Nigerian National…
Shell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses
Royal Dutch Shell RDSa cuts its dividend for the first time…
P&ID Judgement: FG Asks Jonathan, Diezani to Tender Bank Statements
The Nigerian Federal Government has requested the bank account statements of former…
PPPRA hints Petroleum prices will increase
The Petroleum Products Pricing Regulatory Agency on Monday hinted that the price…
Ardova Contributes N50m to Oil Industry’s COVID-19 Fund, CEO
Ardova Plc, formerly Forte Oil, has contributed N50 million to the…
Atiku: How Nigeria can survive Global Oil Crash
2019 Presidential candidate, Atiku Abubakar has revealed how Nigeria's economy will survive…
Nigeria Records Crude Oil, Gas Sale of $434m in January. – NNPC
The Nigerian National Petroleum Corporation( NNPC) says the country recorded crude…
Low Oil Prices: Expert Wants Govt. to Focus on Fiscal Policies to Strengthen Economy
Bank-Anthony Okoroafor, former President, Petroleum Technology Association of Nigeria (PETAN), on Wednesday…
Low Oil Prices: Expert Tasks FG on Prudent Spending
Prof. Wumi Iledare, former President Nigerian Association of Energy Economics (NAEE), has…
US Oil Prices Fall Below $0 A Barrel Due To Coronavirus Pandemic
US oil prices plunged, falling below $0 a barrel on Monday, which…
Oil Glut: Global Crude Oil Prices Plunge Below $2 Per Barrel
A full oil glut has fit the international Crude Oil market as…
PENGASSAN suspends planned strike after release of Exxonmobil staff
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has…
BREAKING: Rivers Govt release 22 ExxonMobil Staff
Rivers state government has released 22 ExxonMobil staff who were detained for…
BREAKING: PENGASSAN Embarks On Strike Over Arrest, Detention of ExxonMobil Staff
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN,…
Rivers Govt has become Tool of Oppression to Oil field Workers – PENGASSAN reacts to Detention of ExxonMobil staff
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has accused…
Expert Urges PPPRA to Review Fuel Price Modulation Policy
Ms Ronke Onadeko, a downstream petroleum industry expert, has advised the Petroleum…
Oil Glut: 60 Nigerian Crude Oil Cargo Remain Unsold
In what seems like a repeat of the 1970's, an oil Glut…
Shell resumes Oil Export from Forcados Oil Export Terminal, lifts Force Majeure
The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said…
OPEC+ Countries Agree on Output Reduction
Ministers of the OPEC+ countries agreed in a video conference on Sunday…
Bayelsa Govt to Seek Review of Revoked OML46 Oilfields Licences
The Bayelsa Government will seek the review of the revocation of its…