Man remanded over illegal possession of 33,000 ltrs of crude oil

A Lokoja Chief Magistrates’ Court on Friday remanded a 23-year-old man, Abubakar Ibrahim, in prison for…

Man remanded over illegal possession of 33,000 ltrs of crude oil

A Lokoja Chief Magistrates’ Court on Friday remanded a 23-year-old man, Abubakar Ibrahim, in prison for…

IMF: Why oil economies will remain pressured

Regardless of the relative stability in the international price of crude oil in recent times, oil exporting…

FG hopes oil prices stabilise- Adeosun

  Nigeria hopes crude oil prices will stabilize in a range around 42 to 50 dollars…

To attract buyers, NNPC slashes price of Nigeria’s crude oil grades

The Nigeria National Petroleum Corporation (NNPC) on Thursday slashed the official selling price of Nigeria’s crude…

NNPC slashes price of Nigeria’s crude oil grades

The Nigeria National Petroleum Corporation (NNPC) on Thursday slashed the official selling price of Nigeria’s crude…

Nigeria’s crude oil production increases by 280,700 bpd

  Nigeria’s crude oil production has increased by 280, 700 barrels per day (bpd) from the…

NNPC seeks buyers for crude oil

The Nigerian National Petroleum Corporation (NNPC) has invited local and foreign firms to bid for contract…

Navy seizes stolen 120,000 litres of crude oil

The Nigerian Navy has intercepted a large metallic barge transporting about 120,000 litres of crude oil…

Navy seizes stolen 120,000 litres of crude oil

The Nigerian Navy has intercepted a large metallic barge transporting about 120,000 litres of crude oil…

Nigeria request Germany’s assistance on oil theft

  President Muhammadu Buhari has requested  Germany’s assistance to help curb crude oil theft in Nigeria.The…

FG accuses Shell of crude oil theft, demands $406 million

The Nigerian government  is demanding $406.75 million minimum from Shell Petroleum Development Company (SPDC) of Nigeria Limited…