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Tompolo: I’ve become target for oil thieves

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The Chairman of Tantita Security Services Nigeria Limited (TSSNL), Government Ekpemupolo, well known as Tompolo, says he had stepped on many toes in the...

1.8mbpd crude oil production: Tantita lauds NNPCL, committed to 2mbpd target

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A private security outfit, Tantita Security Services Nigeria Limited (TSSNL), has commended the Nigerian National Petroleum Company Limited (NNPCL) over the nation's crude oil...

NNPCL records 1.8mbpd crude oil production

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The Nigerian National Petroleum Company Limited (NNPCL) says it has achieved 1.8 million barrels per day crude oil production (mbpd) following the continuous dislodgement...

Import licence: Oil marketers ask court to dismiss Dangote refinery’s suit

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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

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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

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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

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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

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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

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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

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The Nigeria Extractive Industries Transparency Initiative (NEITI) says outstanding revenues due to the Federal Government in the oil and gas industry have risen to...
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