THERE is an ongoing war for the soul of Nigeria’s oil sector. The war is not for the faint hearted.…
Browsing: Oil
OIL marketers have said that the bulk of jet fuel consumed locally is now being supplied by the Dangote Refinery.…
WHEN oil was discovered in Oloibiri, a small fishing community in Ogbia Local Government Area of Bayelsa State, in 1956,…
THE Central Bank of Nigeria Governor, Olayemi Cardoso, the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele…
NNPC Group Chief Executive Officer, Mele Kyari, says he does not own a blending plant in Malta, adding that he…
THE Organisation of Petroleum Exporting Countries(OPEC) said Nigeria’s crude oil production month-on-month dropped by 7.94% to 1.322 million barrels per…
THE Special Adviser to the President on Energy, Mrs. Olu Verheijen yesterday said the administration of President Bola Tinubu opted…
RUSSIA will introduce a six-month ban on petrol exports from March 1 to ensure it has enough fuel to meet…
THE Organisation Of Petroleum Exporting Countries (OPEC) has revealed that the oil exports in Nigeria grew significantly by 60.8% in…
NO fewer than 20 persons have lost their lives following an explosion from an illegal oil tapping point in Omoku,…
THE Port Harcourt Refining Company in Rivers State has recommenced operation in line with the Federal Government’s promise to ensure…
THE Federal Government yesterday wound up the Nigerian National Petroleum Corporation, NNPC, after 46 years of operation and in its…
IN December 2022, Nigeria recorded her highest oil production since April 2022, the latest Platts survey by S&P Global Commodity…
NIGERIA and other oil-producing countries in Sub-Saharan Africa are to expect dwindling oil revenues in the coming years as the…