One of Nigeria’s two main oil unions has threatened to begin a nationwide strike from Dec. 18 over what it said was…
Oil and Gas
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Department of Petroleum Resources (DPR) has directed private depots with petroleum products to give priority to Lagos State in the distribution to…
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The Federal Government has declared that it has no intention now or in the near future to hike the prices of petroleum…
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A Dutch law firm has asked the public prosecutor in the Netherlands to file a case against Royal Dutch Shell, its CEO…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, rushed back to Nigeria from the United Kingdom…
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Nigerian crude oil output slipped by 40,000 bpd in November a Reuter survey said. According to the report Nigeria’s largest crude stream,…
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The Independent Petroleum Marketers Association of Nigeria, IPMAN, have carried out its threat of embarking on strike, as fuel queues returned, in…
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Crude oil price in the international market fell as United States of America shale drillers last week added more rigs but prices…
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OPEC said its members have agreed to extend oil out put cut to end of 2018 and has capped the output…
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The Nigerian National Petroleum Corporation, NNPC has denied allegations that it is selling fuel above the approved price at its depots saying…
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FinanceNewsOil and Gas
FAAC disbursements pattern frustrating economic planning, projects execution — NEITI
The Nigeria Extractive Industries Transparency Initiative, NEITI,in its latest report has expressed concern over the volatility in the monthly revenue allocation to…
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Shell Petroleum Development Company (SPDC) has denied a report by the Amnesty International alleging that a cache of thousands of internal documents…
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The Managing Director, Nigerian National Petroleum Retail Limited, Mr Yemi Adetunji says the market shares of the company has grown to 14…
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OPEC is heading for tougher-than-expected policy talks this week as its leader Saudi Arabia pushes to extend oil output cuts by nine…
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Amnesty International has called for a criminal investigation into the alleged role of Royal Dutch Shell in human rights abuses in Nigeria’s…