Exploration: IPMAN commends FG

The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has commended the Federal Government for starting oil exploration in Sokoto, Benue, Borno,...
Kachikwu

Kachikwu backs Oil exploration in N/East

The Minister of State for Petroleum, Dr Ibe Kachikwu, says oil exploration in the North East is for the good of the nation. He said...

U.S. crude oil exports to Asia soar, complicating OPEC’s efforts: Russell

U.S. crude oil is flooding into Asia, and may continue to do so as the arbitrage window that was initially created by Hurricane Harvey...

Mambilla Hydro-Power project will boost Abuja road completion, says FCT Minister

Abuja-  The FCT Minister, Malam Muhammad Bello, on Friday said that the approved construction of the 3,050 megawatts Mambilla Hydro-Power project would boost road...

Petrobras, BTG Pactual to sell their Nigerian oil venture

State-controlled oil company Petroleo Brasileiro SA (Petrobras) is leading an effort to sell Petrobras Oil and Gas BV (Petrobras Africa), after being joined in...

Anger seethes on margins of historic clean-up in Niger Delta

Nearly a decade after two catastrophic oil spills in the Niger Delta, a comprehensive clean-up has finally been launched in the southern Nigerian region. Oil...
Gas Flare

HOSCON wants FG to release N98bn gas flare penalty money

The Host Communities of Nigeria Producing Oil and Gas (HOSCON), has called on the Federal Government to release the N98 billion gas flare penalty...

NAF destroys oil barges of stolen oil products

The Nigerian Air Force (NAF) says it has successfully destroyed some oil barges containing stolen oil products at Adokiakiri community in the Niger Delta. The...

Oil price rises to $64, highest since mid-2015

Global oil benchmark, Brent crude, hit a 28-month high on Monday as Saudi Arabia’s crown prince cemented his power over the weekend with an...

Association advocates prompt payment of electricity bills

The Association of Nigerian Electricity Distributors (ANED) has called on Nigerians to pay their electricity bills promptly. It said that non-payment of electricity bills would...
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