Oil Heads for Seven week Decline for First Time in Five Years
Oil benchmarks were on track for a seven-week decline on Friday, their first in half...
Oil & Gas
Crude Oil Theft: Navy Cease Oil Vessel Arrest 17 Crew Members
The Nigerian Navy says its Forward Operating Base (FOB), Igbokoda, in Ondo State, has apprehended a...
IPMAN Lauds Dangote Refinery Crude Delivery, Calls for Port Harcourt Privatization
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has applauded the Nigerian National Petroleum Company...
Dangote Refinery Receives Its First Crude Cargo – Official
In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency),...
First Major Crude Supply to Dangote Refinery to Arrive Today
In a notable development for Nigeria’s oil industry, the OTIS tanker, carrying a substantial cargo...
Brent Crude Oil Price Drops to $74 Per Barrel
Brent crude price fell on Wednesday fell to $74.35 per barrel, a review of global...
FG Always Falls Short of Oil Revenue Targets
Nigeria’s oil sector has been bedevilled by several challenges, which led the Speaker of Nigeria’s...
FG to Revoke Unused Oil Exploration License Across Nigeria
The Federal Government is considering revoking oil exploration leases that were granted to companies by...
Fox Petroleum to Invest $7.5 billion in NNPCL Over 3 Years
Fox Petroleum will invest $7.5 billion in NNPCL over the next three years. This is...
“Ogun Will Soon Join Oil-producing States ” – Dapo Abiodun
The Executive Governor of Ogun state, Prince Dapo Abiodun has said that the state will...
