Oil prices fell 2% on Friday but were still on track for a weekly gain on supply disruptions in Russia while uncertainty…
Oil and Gas
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The Chairman of Southern Ijaw Local Government Area, Bayelsa State, Hon Target Segibo has decried the massive crude oil leak at the…
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Fear has gripped the residents of Bonny local government area of Rivers state following a deadly fire explosion that occured at the…
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Oil and Gas
Rivers community battles NPDC over diversion of oil wells to neighboring state, demands N50bn from Heirs
The oil bearing community of Umuedeokwara Odagwa in Etche local government area of Rivers state has raised objection to what it described…
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Oil and Gas
Fresh crisis looms in Ogoni over exclusion of MOSOP in talks for resumption of oil production
Fresh crisis is brewery in Ogoni Kingdom in Niger Delta over the alleged exclusion of the movement for the survival of Ogoni…
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Crude oil prices fell more than 1% on Thursday as a potential peace deal between Russia and Ukraine continued to exert downward…
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Operatives of the 6 Division, Nigeria Army, have arrested 29 suspected oil thieves in their continued crackdown on oil theft and illegal…
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Oil and Gas
MOSOP, others list condition for resumption of oil exploration, Ogoni ethnic nationality hails FG
Coalition of Civil Society Organizations, including the Movement for the Survival of Ogoni People, MOSOP, has handed the Federal Government conditions for…
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Oil and Gas
Oil set for third straight weekly decline as oil executives call for cautious return to Red Sea navigation
Oil prices rose on Friday after new sanctions were imposed on Iran’s crude exports but were on track for a third straight…
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OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and…
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Oil prices rallied in the global commodity market on Monday as the U.S. slammed higher tariffs on its major suppliers, Canada and…
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A fresh crude oil spill occurred in Ogale, Eleme Local Government Area of Rivers State, on Monday, February 3 dampening the joy…
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Oil and Gas
NUPRC goes tough, to block oil export permits for producers who do not fill refinery quotas
Nigeria’s upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet their…
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Saudi Arabia’s energy minister and several of his OPEC+ counterparts have held talks following U.S. President Donald Trump’s call for lower oil…
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Plans are underway to recover $6 billion and an additional N66 billion owed to the Federal Government by stakeholders in the oil…