Tag: oil
Import licence: Oil marketers ask court to dismiss Dangote refinery’s suit
Three oil marketers have prayed the Federal High Court sitting in Abuja to dismiss a suit filed by Dangote Petroleum Refinery and Petrochemicals over...
Oil price records over $1 gain after OPEC+ delays output hike
Oil prices extended gains on Monday, November 4, 2024, rising more than $1 on a decision by OPEC+ to delay by a month plans...
Oil prices fall after Iran downplays Israeli strikes
Oil prices tumbled more than $3 a barrel on Monday, October 28, 2024, after Israel's retaliatory strike on Iran over the weekend bypassed Tehran's...
Elumelu: Project 1MMBOPD’ll boost Nigeria’s oil production
The Chairman of Heirs Energies, Tony Elumelu, says Project 1MMBOPD (One million of barrel of oil production per day) will proffer solutions to the decline...
Chevron discovers new oil well in Niger Delta
Chevron Nigeria Limited has made a near-field discovery with the successful drilling of the Meji NW-1 well in Petroleum Mining Lease (PML) 49 within...
FG begins crude oil sale in naira
The Federal Government has commenced the sale of crude oil and refined petroleum products in naira.
The Minister of Finance and Coordinating Minister of the...
NEITI: Oil, gas companies owe FG $6bn, N66bn
The Nigeria Extractive Industries Transparency Initiative (NEITI) says outstanding revenues due to the Federal Government in the oil and gas industry have risen to...
EFCC probes vessel recovered from oil thieves in Rivers
The operatives of the Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have commenced investigation of a vessel, “Bravo Alero”,...
PENGASSAN: Indians taking over jobs in oil and gas
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has decried the high influx of Indians in the oil and gas industry...
NAFDAC intercepts petrol tankers transporting vegetable oil in Lagos
The officials of the National Agency for Food and Drug Administration and Control (NAFDAC) have seized three petrol tankers used to convey edible vegetable...
