Nigeria’s oil and gas company, Forte Oil is in the middle of profitability crisis following a decline in the value of its share price that hit...
Again, tension is beginning to build up in the Niger Delta where ‘the boys’ are threatening to renew hostilities in the region over the activities...
By ODIMMEGWA JOHNPETER, Abuja There appears to be no let off for the Nigerian National Petroleum Corporation (NNPC) on the controversy surrounding its remittance to the...
By Odunewu Segun The Gatekeepers Foundation has faulted the decision of the Nigerian National Petroleum Corporation (NNPC) to hand over OML 13 total asset Otakpate oil...
The Nigerian National Petroleum Corporation (NNPC) has justified its June remittance of N147 billion to the Federation Accounts and Allocation Committee (FAAC). The Group General Manager,...
The Nigerian National Petroleum Corporation (NNPC) says the federation accounts and allocation committee (FAAC) meeting with governors ended in a deadlock because they wanted extra N40...
By Richards Adeniyi Justice Mojisola Olatoregun of the Federal High Court in Lagos has ordered Shell Nigeria Exploration and Production Company Limited to pay a fine...
Oil prices jumped on Tuesday, June 26, driven by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and...
By the year 2019, Nigeria is not only aiming to end fuel importation but to becoming a net exporter of the product, the Group Managing Director...
US Crude imports from Nigeria drops By 62% Oil prices grew more than 1 percent at the weekend as the Organization of Petroleum Exporting Countries, OPEC,...