35,000 MT of petrol expected at Lagos ports – NPA
The Nigerian Ports Authority (NPA) said on Friday that a ship carrying 35,000 metric tonnes of petrol was expected at...
Natural Resources
NNPC launches crude theft monitoring applications
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday launched a Crude Theft Monitoring Applications to curb oil theft...
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...
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...
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