FG is determined to end crude oil theft – Sylva
The Federal Government says it is determined to stop the economic devastation occasioned by the activities of illegal refiners, pipeline…
Imo seeks FG, investors’ partnership on gas exploration
The Imo State Governor, Hope Uzodinma, on Wednesday said the state was ready to partner with the Federal Government and…
FG commences investigation into crude oil theft
Following reports from various government sources over unprecedented level of crude oil theft, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)…
Brent crude price rises to $114 per barrel as EU mulls Russian oil ban
Oil prices jumped by more than $6 yesterday, with Brent crude climbing above $114 a barrel, as European Union (EU)…
Reps summon 17 NNPC subsidiaries over audit queries
The House of Representatives’ Committee on Public Accounts has written to the Group Managing Director of the Nigerian National Petroleum…
MAN Seeks FG’s Intervention, As Diesel Hits N720 Per Litre
The Manufacturers Association of Nigeria (MAN) is seeking urgent intervention from the Federal Government to support the production of goods,…
FG increases petroleum products freight rate by 25%
The Federal Government has approved a 25 percent increase in freight rate for petroleum products, raising it from N9.5 per…
Push against oil investments will slow growth in Nigeria, others – Barkindo
The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo on Thursday cautioned that the push against…
OPEC will maintain steady flow of energy supplies – Barkindo
The Organisation of Petroleum Exporting Countries (OPEC) says it will remain fully focused on maintaining a steady flow of energy…
IOCs’ exit is stalling Nigeria’s ability to meet OPEC quota – Sylva
The Federal Government on Wednesday said its inability to meet the oil production quota allocated to Nigeria by the Organisation…