December 07, 2022
Nigeria: Technology to Stop Crude Oil Theft, Bunkering Coming Soon - Buhari
President Muhammadu Buhari yesterday said the nation is making progress on inventions in the last seven and half years with the repositioning of the National Agency for Science and… Read more »
December 06, 2022
Nigeria: Petrol Scarcity - Marketers Defy Govt, Hike Pump Price to N280/Litre
Three days after the Federal Government denied that it planned to hike the pump price of petrol, independent marketers have raised their price to N280 per litre. Read more »
Africa: Nigeria, Algeria, Egypt to Drive Africa's LNG Export - Report
NIGERIA, Algeria and Egypt, have been tipped to drive Africa's Liquefied Natural Gas, LNG, export in the short term. Read more »
December 04, 2022
Nigeria: Nigeria Loses U.S.$595 Million to Gas Flare in 10 Months
Despite Nigeria's dwindling revenue occasioned by massive oil theft, the country has continued to also suffer loss from its gas resources, as companies operating in the country's… Read more »
December 05, 2022
Nigeria: How We Spent 13% Oil Derivation in Ondo - Akeredolu
Governor Rotimi Akeredolu of Ondo State, yesterday, stated that the 13 per cent oil derivation, subsidy and SURE-P refunds from the Federal Government were expended on capital… Read more »
November 28, 2022
Nigeria: Petrol Shortage in Lagos, Ogun Worsened by Illegal Activities
Diversion, arbitrary pricing discovered Read more »
November 27, 2022
West Africa: Illegal Pipelines, Oil Theft - SERAP Drags Buhari to Ecowas Court
Socio-Economic Rights and Accountability Project, SERAP, has sued President Muhammadu Buhari-led administration over the failure to probe the operations of illegal oil pipelines… Read more »
Nigeria: I'll Name, Shame Oil Thieves - Atiku
Presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar has vow to name and shame oil thieves in the country if elected president in 2023. Read more »
November 19, 2022
Nigeria: FG Blames Crude Oil Theft on Worsening Unemployment Situation
The Federal Government has attributed the menace of crude oil theft to the worsening unemployment situation in the country. Read more »
November 18, 2022
Nigeria: Additional 255,000 Barrels of Oil to Be Produced Per Day
Nigeria is set to produce additional 225,000 barrels per day, bpd, as Shell Nigeria Exploration and Production Company Limited, SNEPCo, has completed the 2022 Turnaround… Read more »
November 03, 2022
Nigeria: Shell Ordered to Pay Amni's $4.6m Debt to Court
A Federal High Court, sitting Lagos, has ordered Shell Western Supply and Trading Limited to pay into the account of the court's Deputy Chief Registrar the sum of $4.6 million,… Read more »
October 28, 2022
Nigeria: Policy Framework, Incentives Key to Growing LPG Market - NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for clearer policy framework, incentives and more investment in the Liquefied Petroleum Gas, LPG (cooking gas)… Read more »
Nigeria: Oil Bunkering, Theft'll End Soon - Niger Delta Youths
Some Niger Delta youths under the aegis of Coalition of Organisation for Peace and Development in the Niger Delta, COPDIND, have expressed optimism of a drastic decline in crude… Read more »
October 24, 2022
Nigeria: Panic As Petrol Shortage Emerges in Lagos
THERE was panic, Monday, as petrol shortage, characterised by long queues started to emerge in Lagos. Read more »
October 22, 2022
Nigeria: 13 Years After Oil Spill - Fresh Crisis Looms in Delta
Itsekiri, Ijaw, and Urhobo ethnic nationalities and groups in Delta State, impacted by the massive spill of thousands of barrels of crude oil from an oil vessel, MT. J. S Amazing,… Read more »
October 19, 2022
Nigeria: Scale of Oil Theft Has Significantly Reduced in Niger Delta Region - Kyari
The Nigerian National Petroleum Company Limited (NNPC Ltd), says the cooperation with Nigerian security has significantly reduced the scale of oil theft in the Niger Delta Region,… Read more »
October 18, 2022
Nigeria: Govt Backs OPEC Decision to Cut Oil Production
The Minister of State Petroleum Resources, Chief Timipre Sylva has backed the decision of the Organization of Petroleum Exporting Countries (OPEC) to cut two million barrels of… Read more »
October 15, 2022
Nigeria: Army, Navy, Police Among Oil Thieves, Own Refining Camps
In the past few months, the Federal Government, which had lived in denial of the actual reason for the razor-sharp increase in oil bunkering, popularly known as kpofire, in the… Read more »
October 14, 2022
Nigeria: NNPCL Tackles El-Rufai As Gov Says Govt Has Failed Woefully in Oil, Gas Business
THE Nigerian National Petroleum Company Limited, NNPCL, yesterday faulted Kaduna State Governor Nasir, El-Rufai's claim that the Federal Government has failed in the oil and gas… Read more »
October 12, 2022
Nigeria: SPDC to Resume Crude Oil Export in Forcados Terminal Month-End
The Shell Petroleum Development Company of Nigeria Limited, SPDC, today (Wednesday) said it would resume crude oil export at the 48-inch Forcados Oil Export Terminal in Delta… Read more »
October 11, 2022
Nigeria: Oil Theft - Tompolo's Men Arrest Captain, 7 Others, Recover Stolen Crude Oil
...Reject N25m bribe from oil cabal to free ship Read more »
October 10, 2022
Nigeria: Oil Theft - Oil Thieves, Security Officials, Communities Collude to Steal Crude - Wunti, NAPIMS GGM
GROUP General Manager, GGM, National Petroleum Investment Management Services, NAPIMS, Bala Wunti, has said there is close collaboration among oil bunkerers, security officials,… Read more »
Nigeria: Budget 2023 - Bonny Light Price Hits $99.25 Per Barrel - Experts Divided Over Benchmarks
BARELY a week after the Organisation of Petroleum Exporting Countries, OPEC, and its allies, popularly known as OPEC+, slashed global supply by two million barrels per day, mb/d,… Read more »
October 08, 2022
Nigeria: Fight Oil Thieves, They've Declared War on Nigeria - Lawmakers to Buhari
Miffed by the perennial economic sabotage of oil theft against Nigeria, the Senate President, Ahmed Lawan and the Speaker of the House of Representatives, yesterday, said… Read more »
October 06, 2022
Nigeria: Fuel Queues - Don't Panic, We've Enough Supply in Stock - NNPC Tells Nigerians
The Nigerian National Petroleum Company Limited (NNPC Ltd) has informed the public that it has sufficient stock of petroleum products and that the public should not give in to… Read more »