Nigeria’s crude oil production averaged 1.183m b/d in July
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.183 million...
Natural Resources
NLNG denies involvement in illegal gas exportation
The Nigeria Liquefied Natural Gas Ltd. (NLNG) has denied the allegation that the company was involved in illegal exportation of...
Shareholders reinforce confidence in Oando management
Shareholders of Oando Plc have reinforced confidence on the management of the company while urging the government to work with...
Theft, vandalism rob Nigeria of benefits of high crude oil prices
Low production rate, theft and pipeline vandalism have combined to rob Nigeria of the benefits of high cost of crude...
China to cut gasoline, diesel retail prices
China will cut the retail prices of gasoline and diesel on Wednesday, the country’s top economic planner announced on Tuesday....
Reps summon Finance Minister on oil subsidy claims
The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed to make available...
NUPRC defies Buhari, sale of ExxonMobil to Seplat on hold
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed that status quo remains in respect to ExxonMobil/Seplat Energy share acquisition....
Nigeria loses 400, 000 barrels of crude oil per day – Minister
The Minister of State for Petroleum Resources, Dr Timipre Sylva, on Monday disclosed that Nigeria loses 400,000 barrels of crude...
Mineral production improves in 2021- NBS
The National Bureau of Statistics (NBS), says the aggregate production of mineral products in Nigeria grew from 64.29 million tons...
NARTO allays concerns over fresh petrol scarcity in Abuja
The Nigerian Association of Road Transport Owners (NARTO), has allayed fears of fresh scarcity of Premium Motor Spirit (PMS), also...
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