Five accused oil thieves have been detained by the Nigeria Security and Civil Defence Corps (NSCDC) Rivers State Command, for allegedly stealing 500,000 litres of crude...
For February, Nigeria’s crude oil production dropped to 1.32 million barrels per day from the 1.42-million-barrel oil daily production- a drop of 104,000...
The Independent Marketers Association of Nigeria, IPMAN, and the Major Oil Marketers Association of Nigeria have allayed the fear of a possible petrol price hike over...
The rise in the cost of crude oil, coupled with the depreciation of the naira against the United States dollar, might lead to a hike in...
Nigerians may pay more for petrol, diesel and aviation fuel as oil prices rose at the international market, going for $94.31 per barrel as at Friday,...
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member countries, indicating that six countries increased...
The Nigerian Navy (NN), says its newly-inaugurated operation `Dakatar Da Barawo (OPDDB), has made a series of arrests and seizures of ships and crew members across...
An economist, Mr Johnson Chukwu, says Nigeria can attain foreign exchange rate stability by boosting crude oil production. Chukwu, the Managing Director of Cowry Asset Management,...
FG is determined to end crude oil theft – Sylva. The Federal Government says it is determined to stop the economic devastation occasioned by the...
Ex-president Chief Olusegun Obasanjo has given a response to Chief Edwin Clark’s reaction on his insistence that the Niger Delta cannot lay sole claim to the...