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FG sets up panel to recover illegally-refined crude oil

    FG sets up panel to recover illegally-refined crude oil

The federal government has inaugurated an inter-ministerial committee to tackle the illegal refining of crude oil in the Niger Delta. Members of the committee are drawn from the ministry of

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Mele Kyari: Gas crisis may increase oil prices by $10

    Mele Kyari: Gas crisis may increase oil prices by $10

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the supply crisis affecting the natural gas market may push crude oil prices up by $10 a

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Ex-NNPC GMD denies claims of receiving money from Bola Shagaya, Kola Aluko

    Ex-NNPC GMD denies claims of receiving money from Bola Shagaya, Kola Aluko

Andrew Yakubu, former group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), has refuted accusations that part of the recovered money from his residence in Kaduna state was

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Oil prices rise amid drop in US crude inventories

    Oil prices rise amid drop in US crude inventories

Oil prices rose on Wednesday after industry data showed a large drop in crude inventories of the United States, the world’s top oil consumer. Brent crude oil futures, global oil

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PDP senator asks RMAFC to list Enugu among oil producing states

    PDP senator asks RMAFC to list Enugu among oil producing states

Chukwuka Utazi, People’s Democratic Party (PDP) senator representing Enugu north senatorial district, has asked the Revenue Mobilisation Allocation and Fiscal

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Supreme court fixes Nov 1 to hear case on Rivers, Imo oil wells dispute

    Supreme court fixes Nov 1 to hear case on Rivers, Imo oil wells dispute

The supreme court has fixed November 1 to hear a suit on the disputed ownership of 17 oil wells between

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Buhari asks n’assembly to amend PIA, cites unbalanced geopolitical representation

    Buhari asks n’assembly to amend PIA, cites unbalanced geopolitical representation

President Muhammadu Buhari has asked the national assembly to amend the recent Petroleum Industry Act (PIA), citing unbalanced geopolitical representation.

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Ifeanyi Araraume appointed board chair as Buhari directs incorporation of NNPC Limited

    Ifeanyi Araraume appointed board chair as Buhari directs incorporation of NNPC Limited

President Muhammadu Buhari has directed the incorporation of Nigerian National Petroleum Company (NNPC) Limited and appointed the board and management

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IPMAN resumes supply of petroleum products in Enugu, Anambra

    IPMAN resumes supply of petroleum products in Enugu, Anambra

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked its members to resume supply of petroleum products in south-east

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NBS: Kerosene, cooking gas prices increased in August

    NBS: Kerosene, cooking gas prices increased in August

The National Bureau of Statistics (NBS) says average price per litre paid by consumers for household kerosene increased to N400.01

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