Fuel subsidy: ‘Suspend disbursement of $800m loan to FG’ – SERAP tells World Bank
The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank…
Dangote to inaugurate Refinery, petrochemical company May 22
The multi-billion-dollar Dangote Refinery and Petrochemical company will be inaugurated in Lagos…
Why The Petroyuan Is Bad News For Americans
As the Chinese oil benchmark gets set for prime time, the US…
Europe Opens- Oil Rallies and Volatility Craters, as Risk On Lingers in the Markets
A risk on sentiment was present in the market as the European…
Euro Gains Versus the Dollar on Decreasing Volatility and climbing Yield Differential
On February 27th, a hotter than expected inflation number of 8.5% came…
Crude Oil Poised for Weekly Gains as China Demand Continues
Oil is set to post weekly gains if it can close the…
End of Day Market Report (02/17/2023)
Equities and Currencies The US dollar has had a lot of positive…
End of Day Market Review (02/16/2023)
Equities It was a volatile day for US equities as the day…
End of Day Market Report (02/13/2023)
As the markets opened on Monday 13th of February, 2023, the focus…
N761.6m Oil Fraud: EFCC Closes Case Against Nadabo Energy Boss
The Economic and Financial Crimes Commission (EFCC) on Monday closed its case,…
I’ll recharge Lake Chad, intensify oil search in Anambra, others – Tinubu
The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu,…
In Photos: Buhari flags off Kolmani oil development in Bauchi
President Muhammadu Buhari today flagged off Kolmani Oil Development in Bauchi State.…
Pinnacle oil, gas limited leveraged opportunities by establishing terminal in Lekki – Buhari
President Muhammadu Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in…
Sanusi calls for subsidy removal, dissolvement of NNPC
Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi…
Lawan labels oil thieves Nigeria’s biggest enemies
Ahmad Lawan, the Senate President has lamented oil theft, describing perpetrators as…
Fuel subsidy has consumed Nigeria’s resources – Ben Akabueze
Ben Akabueze, Director-General of the Federation's Budget Office, has condemned waste in…
2 suspects arrested, trucks recovered as police bust illegal petrol refining site in Edo
Police operatives attached to the IGP Special Task Force on Petroleum and…
Tompolo reveals strategy he’ll use to stop oil theft, illegal bunkering
A former ex-militant leader, Government Ekpemupolo aka Tompolo says diplomacy and public…
NCS questions Nigeria’s ’60m Litres’ daily consumption of petrol
The Nigeria Customs Service Comptroller (NCS) General, Col. Hameed Ali, has questioned…
Tompolo’s pipeline contract: Akeredolu questions Buhari’s govt
The Governor of Ondo State, Rotimi Akeredolu, has expressed shock over the…
Shehu Sani: “It’s impossible to steal Nigeria’s crude oil without connivance of security agencies”
A former senator, Shehu Sani, says security agencies connive with oil thieves…
Stolen crude oil products now hidden in churches, mosques – NNPC GMD
The Group Managing Director of the Nigeria National Petroleum Company Limited, Mele…
Oil theft: Shell to deploy drones to monitor pipelines, wellheads
The Shell Petroleum Development Company (SPDC) has signed a contract to acquire…
Bunkering: Navy hands over 5 suspects, 1 vessel to EFCC
The Nigerian Navy has handed over a vessel loaded with an unspecified…
Scarcity: We’ve not removed fuel subsidy – FG
The Federal Government says it has not removed subsidy on the Premuim…
Fuel subsidy: Oando, AA Rano, Sahara Energy, others den receiving payments
Oando Plc, AA Rano, Sahara Energy Resources, Hyde have all denied involvement…
Irregular Operation: FG shuts down Scorpion Oil service offshore
The Federal Government on Monday says it has shut down the diving…
Oil theft: EU delegation, NNPC officials, JTF visit illegal refining sites
The European Union, the Nigerian National Petroleum Company Ltd (NNPC) and the…
Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil…
NNPC Ltd is not recruiting – Management
NNPC Ltd. is not recruiting. Its management made the declaration in a…