Oil marketers have warned that the price of petrol could rise above N700 per litre next month when independent marketers commence importation of the...
The Nigerian National Petroleum Company (NNPC) Limited has denied allegations that it is operating secret accounts. The state-owned oil giant said that it does not directly...
The Senate on Thursday passed the Petroleum Industry Bill (PIB) with a provision that granted special benefits to both the Nigerian National Petroleum Corporation and host...
By Ifeanyi Izeze When some genuinely concerned officials of the Federal Government took the decision to hold Addax Petroleum to account for its alleged misdeeds in...
Oil prices rose about $1 a barrel a barrel on Wednesday, bouncing from the lowest levels in months, after U.S. government data showed strong demand...
President of the Senate, Dr. Bukola Saraki, has assured Nigerians that there will be no cover up in the ongoing investigation on illegal and unapproved...
Lawyer and human rights activist, Femi Falana SAN, has described Nigeria’s inaccurate daily oil production records as shameful. He stated this at an interactive Media...
Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachukwu, has expressed the optimism that in the next five years, Nigeria will witness less corruption...
The House of Representatives have raised concerns over a presidential approval that exempts some special accounts of the Nigerian National Petroleum Corporation accounts from the Treasury...
Humiliated and sidestepped, Minister of State for Petroleum Resources Ibe Kachiukwu has protested to President Muhammadu Buhari over the NNPC Group Managing Director Maikanti Baru’s insubordination...