Oil leak from Agip’s field pollutes Otuokpoti community in Bayelsa

Residents of Ekole Creek in Bayelsa, on Wednesday reported a massive oil leak from an oil field operated by Nigeria Agip Oil Company (NAOC)...
Ibe Kachikwu

FG to attract $10bn investments to Oil & Gas industry – Kachikwu

The Minister of State, Petroleum Resources, Dr Emmanuel Kachikwu, has said that the Federal Government will attract more than $10 billion investments to the...

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,...

Nigeria’s 4 refineries repositioned to produce 10m litres of PMS daily – Minister

The Minister of State for Petroleum, Dr Ibe Kachikwu, said the nation’s refineries had been repositioned to produce not less than 10 million litres...

Clean-up of Ogoni land to commence Q1 2016 – NOSDRA

The Federal Government says the clean-up of Ogoniland impacted by oil spill would commence in the first quarter of 2016. Dr Peter Idabor, the Director...

We’ll make money from gas – NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has reiterated that the Corporation will generate revenue for Nigeria...

Oil market ends 2015 in downbeat mood, with long, painful hangover.

Oil prices rose on Thursday but were still headed for a second year of steep declines after a race to pump by Middle East...

Group condemns Shell for poor response to oil spill incident at Adibawa Oil field

An environmental rights group has condemned what it called the slow response of Shell Petroleum Development Company (SPDC) to the oil spill incident of...

Oil prices end in losses in last trading hours of 2015

Oil prices headed for a second year of steep losses in their last trading hours of 2015 as OPEC supplies created an unprecedented global...

Owners of petrol stations in Benue defy FG directive on new pump price

Owners of petrol stations across major towns in Benue have defied government directive to sell petrol at the new pump price of N86.50k per...