NNPC, ExxonMobil plan increased crude output

The Nigerian National Petroleum Corporation (NNPC) and ExxonMobil, its upstream joint venture partner, are seeking new…

Protesters storm Shell crude flow station, demand jobs, infrastructure 

Hundreds of Nigerian protesters stormed a crude oil flow station owned by Shell in the restive…

India considers dumping Nigeria’s oil for US crude

India’s Hindustan Petroleum Corporation is considering dumping Nigeria’s sweet crude for US oil. This is coming…

Nigeria’s Excess Crude Account, least transparent in the world – NRGI

Nigeria’s Excess Crude Account tied for the world’s most poorly governed sovereign wealth fund, according to…

NNPC posts N34bn Q1 loss as crude production slumps

The group financial performance of the Nigerian National Petroleum Corporation (NNPC) recorded its third consecutive monthly…

$15bn worth of crude missing in NNPC’s report, Reps insist

The House of Representatives insisted on Monday that crude oil worth $15bn was missing in the…

$17bn stolen crude: Emefiele, Fowler, others appear before Reps committee

Central Bank Governor, Godwin Emefiele, Account General of the Federation, Ahmed Idris and Chairman of the…

Flotilla of U.S. crude heading to Asia

Oil tankers carrying roughly 2.5 million barrels of U.S. crude are currently en route to Asia,…

Egypt to receive first Iraqi crude shipment on May 12

Egypt will start receiving the first Iraqi crude oil shipments of two million barrels on May…

Two ‘wharf rats’ on trial for stealing Dangote crude salt

The trial of two wharf rats, namely Suleiman Dauda and Peter Uwaga continued at the Apapa…

$17bn stolen crude: FG prepares criminal charge against IOCs, says AGF

The Federal Government is considering the option of filing criminal charges against International Oil Companies (IOC)…

Reps summon GMD NNPC, CNS, Lubcom MD over crude lifting

The House of Representatives Ad-hoc Committee on Review of Pump Price of Petroleum Products, yesterday, summoned…