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Oil & Gas

Nigeria launches new oil grade…exports 950,000 barrels to France and Netherlands

The NNPC/Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market. According...

Military bigwigs responsible for oil theft, Asari Dokubo says after meeting with Tinubu

Leader of the Niger Delta Volunteer Force, Asari Dokubo, on Friday told reporters that military big wigs in the army and the navy are...

IPMAN commends Tinubu for approving products importation by private firms

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has commended the Tinubu administration for approving the importation of petroleum products by private firms. Mr Chinedu...

Dangote refinery set to commence operations as first batch crude comes in June 2023

Dangote Refinery expects its first crude batch in June 2023. According to a report released on May 16 by S&P Global Commodity Insights, the Dangote...

Wale Tinubu seeks complete takeover of Oando Plc

Oando Plc says it has received an offer from Ocean and Oil Development Partners Limited (OODP), an investment company, to acquire the shares of...

A’Ibom Ex-Militants warns Ijaw-owned pipeline security contractors to stay off the state, urges FG to revoke contracts given to non-indigenes

Repentant militants from Akwa Ibom under the aegis of the Niger Delta Volunteers(NDV) issued a one-month ultimatum for the revoke of oil pipeline contracts...

Nigeria’s crude oil export peaks at N11.5 trillion in H1 2022

From the National Bureau of Statistics came a cheering news. According to the data released on Nigeria's international trade, Nigeria’s crude oil export rose...

Petroleum regulator upturns Buhari’s order selling Mobil unlimited to Seplat

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has rejected Nigeria’s President Buhari’s consent for the approval of...

Oil theft: Shell to combat oil theft with acquisition of

Dutch oil giant, Shell Petroleum Development Company (SPDC) says it will acquire drones to monitor its pipelines and wellheads in the Niger Delta region. Igo...

I’m committed to your success, Obasanjo assures new Olowu

The Balogun of Owu in Abeokuta, Ogun State, Chief Olusegun Obasanjo has assured his unalloyed support for the new The new Olowu of Owu...

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