By ODUNEWU SEGUN AS a result of the downturn in global economy, especially in the oil sector, Royal Dutch Shell has announced its intention to sack...
Petroleum marketers in Imo State have said that based on current realities they cannot sell petrol at the official pump price of N86.50 per litre. The...
By OKOSUN DENNIS The devil struck again yesterday at Arepo in Ogun state as pipeline vandals wiped out three naval officer and two remain missing. As...
The Nigerian National Petroleum Corporation (NNPC) is set to establish 800 additional retail outlets across the country, Dr Babatunde Adeniran, the Group Executive Director has said....
By Nosa Eresoyen, Asaba Operatives of the Nigerian Security and Civil Defence Corps (NSCDC) in Delta State on Wednesday arrested in Oleh and Ogwashi-Uku 13 suspected...
From PRINCE MONDAY WHISKEY, Regional Editor, South South Moved by the desire to transform the oil and gas bearing communities of the oil rich area of Nigeria,...
From Nwadike Ugochukwu, Port Harcourt In a concerted effort geared towards supporting federal government’s diversification plans, President of Port Harcourt Chamber of Commerce (PHCCIMA), Dr. Emi Membere-Otaji...
Prices of crude which had hit a record low ten days ago moved up earlier today to $33.29 a barrel after world’s biggest crude producer,...
…says it will save $1bn for Nigeria By Odunewu Segun Nigeria is set to replace the crude-for-products exchange arrangement popularly called crude swap with a Direct-Sale-Direct-Purchase...
Oil producing communities in Nigeria’s Niger delta are requesting that the Federal Government establish a Petroleum Industry Tribunal to settle disputes arising from oil and gas...