NSCDC arrests filling station manager for illegal bunkering
The manager of a filling station in the Seme area of Lagos, Ashamu Mauhtin, has been arrested along with 16…
Oil merchant wants Anambra govt to build refinery
Petroleum marketing tycoon and chairman of Capital Oil and Gas, Ifeanyi Ubah has advised Anambra State government to facilitate building…
NNPC promises to inject 1.1bn litres of petrol to ease scarcity
To ease the hardship inflicted on Nigerians by the current fuel scarcity, the Nigerian National Petroleum Corporation (NNPC) is to…
Dwindling revenue: Nigeria turns to Europe to sell crude
As the United States continues to show less interest in Nigeria’s crude oil, there seem to be more attraction from…
Cameroon’s oil production hits 100,000 bdp
Cameroon’s oil production has hit 100,000 barrels per day and is expected to hit 57 million tons in 2016 up…
Seplat confident of better days
Seplat Petroleum Development Company Plc has assured its shareholders to expect better days because the huge investments it has made…
Lingering oil price slump: Nigeria faces tough times
Experts say Nigeria faces tough times ahead as the lingering oil production tussle between the United States of America and…
ExxonMobil announces plans to raise production
ExxonMobil has announced plans to raise its oil production to 4.1 million oil-equivalent barrels per day, driven by 7 percent…
Four oil thieves bag 24 years jail term
A Federal High Court in Lagos yesterday convicted and sentenced four men to a prison term of 24 years for…
JTF recovers 4.2m litres of oil from Crude oil thieves
No less than 4.2million litres of stolen crude oil have been recovered by the Joint Task Force (JTF) in the…