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Oil Theft: Navy destroys camp, apprehend 2 suspects in Rivers

The Nigerian Navy (NN) says its Team of the Forward Operating Base Bonny, under Operation Delta Sanity, has destroyed a camp of suspected crude...

Nigeria has capacity to grow daily oil production to 4m – Shell

The Managing Director (MD) of Shell Nigeria Exploration & Production Company (SNEPCo), Mrs. Elohor Aiboni, has expressed her appreciation to the leadership of the...

NSCDC seals 3 illegal oil dump sites in Kano

The Kano State Command, Nigeria Security and Civil Defence Corps (NSCDC), on Tuesday arrested 19 suspects and sealed three illegal oil dump sites in...

Fuel queues in Abuja disappear shortly after DSS ultimatum to marketers

Barely twenty-four  after the Department of State Services, DSS, handed down a 48-hour ultimatum to marketers to end the ongoing petrol shortage across the...

Nigeria records N16 trillion from crude oil sales between January and September 2022

The oil sales recorded by the Nigerian National Petroleum Company Limited is captured in the foreign trade report released by the National Bureau of...

Stakeholders chart policies for midstream, downstream sector

Stakeholders in the oil and gas sector have advised the CBN to create a unique window of forex access to facilitate seamless operations of modular...

Oil prices near $80, as Buhari sign 2022 budget with $60 per barrel

Oil prices posted the first gain in 2022, edging towards $80 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting...

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