No import licences for debtor oil marketers – FG

The Federal Government on Monday stated that it would not issue petroleum product import licences to…

MRS Oil inaugurates Africa’s largest oil jetty

MRS Oil Nigeria Plc on Saturday inaugurated Dantata Jetty, a terminal, which has the capacity to…

American investor earmarks $200m for Nigeria’s 1st modular refinery

  The Federal Government’s plan to establish modular refineries in the oil producing areas has received…

Niger Delta blueprint out in May — FG

The Federal Government, yesterday, said that the blueprint for the Niger Delta, designed to pursue the…

FG renews commitment to peace in Niger Delta

The Federal Government on Thursday renewed its commitment to restoring lasting peace and progressive development in…

FG denies indebted petroleum marketers import license

The Minister of State for Petroleum Resources, Ibe Kachikwu, has directed the Petroleum Products Pricing Regulatory…

Nigeria records slight increase in crude oil rig count

Nigeria’s oil rig count slightly increased to 26 in February, from the 25 recorded in January, this…

FG may transform illegal refiners to shareholders of proposed modular refineries

Local “illegal” refiners in the oil-producing communities maybe co-opted as shareholders in the Federal Government’s proposed…

Comply with NOGICD Act, NCDMB tells oil companies

All new projects must comply with the provisions of the Nigerian Oil and Gas Industry Content…

Award oil blocks, refineries’ licenses to oil communities – HOSTCOM tells FG

Oil-producing communities, under the auspices of Host Communities of Nigeria, Producing Oil and Gas (HOSTCOM) have…

US shale oil ‘wakes up’ to frustrate rising crude prices

The resilience of the US shale is set to frustrate the Organisation of Petroleum Exporting Countries…

‘$10b yearly investment in oil, gas coming’

The Federal Government plans to attract $10 billion investment into the oil and gas industry yearly…