Minister of state for Petroleum (Oil), Senator Heineken Lokpobiri has urged host communities in the Niger delta region to protect oil assets…
Category:
Oil and Gas
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Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S. and other countries…
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Oil prices were lower on Monday as concern over the impact of U.S. tariff uncertainty and rising output from OPEC+ producers pressured…
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Canada’s Africa Oil Corporation will double its Nigerian output and the size of its reserves there once it completes its deal for…
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Oil and Gas
Militant group warn FG on Rivers crisis, plan to hit oil production, urges non-indigenes to leave Rivers
Residents of Rivers state are now in a panic mode as militant group, Niger Delta Rescue Movement, NDRM, has issued a directive…
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Oil and Gas
Seplat plans $320m investment in new assets production drive, US orders wind down of Chevron’s oil exports from Venezuela in 30 days
Seplat Energy plans to invest up to $320 million in new wells and infrastructure in Nigeria this year, aiming to more than…
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Crude oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further price…
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Oil and Gas
Protest rocks Ogoni as MOSOP, 31 groups threaten to disrupt process of resumption of oil production
A massive protest has erupted in Ogoni as over 30 various groups, including the Movement for the Survival of the Ogoni People…
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Oil and Gas
UN commends FG, HYPREP on Ogoni cleanup, aquatic life returning to Ogoni creeks—PC, Zabbey
United Nations has scored the Federal Government of Nigeria and the Hydrocarbon Pollution Remediation Project, HYPREP, high in the ongoing Remediation of…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the Nigeria Gas Flare Commercialisation Programme (NGFCP) has the potential to unlock 2.5 billion…
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Federal Government has said that the introduction of the sale of crude oil in Naira was a strategic move to enhance operational…
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Ogoni ethnic nationality in Rivers State has held the Federal Government to create a state for them as part of conditions for…
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Oil prices fell 2% on Friday but were still on track for a weekly gain on supply disruptions in Russia while uncertainty…
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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…