North-East governors seek revival of stalled Borno oil exploration
The North-East Governors' Forum (NEGF) has called on the Federal Government to revive stalled…
IPAC urges C’River lawmakers to protect state’s oil interests
The Inter-Party Advisory Council, IPAC, Cross River State chapter, has urged the state's representatives…
Police SFU probes alleged billions of dollars fraud in Nigeria’s oil, gas sector
The Police Special Fraud Unit, SFU, Ikoyi, Lagos, has opened investigations into alleged financial…
Global oil prices drop as Venezuela plans to exit OPEC
Global crude oil prices declined amid speculation over Venezuela's planned exit from the Organisation…
Trump announces US majority control of Venezuela’s oil reserves
United States President Donald Trump has announced an agreement granting the country majority control…
Oil prices climb by over 6% after significant decline
Global crude oil prices recorded sharp gains on Wednesday, with both Brent and West Texas…
Oil Price Up More Than 3% After Iran Attacks
Oil prices jumped more than three percent in early Asian trade on Wednesday after…
TotalEnergies Q2 Net Profit Doubles To $5.4bn Amid Middle East Conflict
French oil and gas giant TotalEnergies said Thursday net profit doubled in the second…
Reps Step Down Bill To Ban Unbranded, Unfortified Edible Oils
The House of Representatives has stepped down a bill seeking to ban the production,…
Fuel price hike: Global oil prices increase by nearly 4%
Global oil prices surged by nearly 4 percent on Wednesday amid continued airstrikes in the Middle…
Nigerian govt returns 13 oil blocks to licensing basket as 143 firms submit bids
The Federal Government has announced that 13 of the 50 oil and gas blocks…
Venezuela Oil Output ‘Not Affected’ By Quakes — President
Venezuela's acting president, Delcy Rodriguez, said Monday that the country's oil production was "not…
Oil Prices Surge On US-Iran Attacks, Tech Shares Tank
World oil prices surged Monday as a fresh flare-up between the United States and…
Nigeria Meets 104% OPEC Quota As Production Hits 74-Month High — NUPRC
Nigeria has met its production quota set by the Organisation of Petroleum Exporting Countries…
Nigerian Navy uncovers hidden illegal fuel depot, recovers 11,800 litres of oil in Rivers
Nigerian Navy says it has uncovered a hidden illegal fuel storage depot containing about…
CBN announces pre-shipment inspection agent for oil export
The Central Bank of Nigeria, CBN, has announced the appointment of Candid Oil Services…
