crude oil

Naira-Based Crude Oil Policy Intact, Says AdedejiNaira-Based Crude Oil Policy Intact, Says Adedeji

Naira-Based Crude Oil Policy Intact, Says Adedeji

FG Dismisses Speculations of Policy Abandonment The Federal Government has debunked claims that it has scrapped the naira-based crude oil…

2 weeks ago
Reps Secure $37.4m Oil Debt Repayment as Probe Uncovers $1.7bn in Unpaid RoyaltiesReps Secure $37.4m Oil Debt Repayment as Probe Uncovers $1.7bn in Unpaid Royalties

Reps Secure $37.4m Oil Debt Repayment as Probe Uncovers $1.7bn in Unpaid Royalties

The House of Representatives has announced that seven oil companies have pledged to settle a cumulative debt of $37.4 million…

2 weeks ago
OBJ Versus NNPCL: When Will The Ding-Dong end? | By Taiwo AdisaOBJ Versus NNPCL: When Will The Ding-Dong end? | By Taiwo Adisa

OBJ Versus NNPCL: When Will The Ding-Dong end? | By Taiwo Adisa

I expected former President Olusegun Obasanjo to fire back at the Nigerian National Petroleum Company Limited (NNPCL) immediately after it…

3 months ago
Port Harcourt Refinery Begins Crude Oil ProcessingPort Harcourt Refinery Begins Crude Oil Processing

Port Harcourt Refinery Begins Crude Oil Processing

  The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has officially commenced crude oil processing, marking a significant…

4 months ago
Tinubu Praises Oil Production Surge to 1.6mbpd, Expresses Satisfaction with Gas Sector Resurgence Amid ProtestsTinubu Praises Oil Production Surge to 1.6mbpd, Expresses Satisfaction with Gas Sector Resurgence Amid Protests

Tinubu Praises Oil Production Surge to 1.6mbpd, Expresses Satisfaction with Gas Sector Resurgence Amid Protests

  Nigerian President, Bola Tinubu has lauded the recent rise in crude oil production to 1.6 million barrels per day…

8 months ago
Ex-Minister, Shittu Urges Full Support for $20bn Dangote RefineryEx-Minister, Shittu Urges Full Support for $20bn Dangote Refinery

Ex-Minister, Shittu Urges Full Support for $20bn Dangote Refinery

Former Minister of Communications, Adebayo Shittu, has called on the Federal Government, along with relevant ministries, departments, and agencies, to…

8 months ago
Crude Oil Theft an Existential Threat to Industry- OkunborCrude Oil Theft an Existential Threat to Industry- Okunbor

Crude Oil Theft an Existential Threat to Industry- Okunbor

Managing Director and Country Chair of Shell Petroleum Development Company in Nigeria (SPDC) and Shell Companies in Nigeria, Mr. Osagie…

3 years ago
COVID -19: Time to diversify Ngeria’s economy | By Abba DukawaCOVID -19: Time to diversify Ngeria’s economy | By Abba Dukawa

COVID -19: Time to diversify Ngeria’s economy | By Abba Dukawa

Following the collapse of crude oil prices from 2014 to date , which triggered unpleasant memories to  Nigerian government which …

5 years ago