President Muhammadu Buhari is set to inaugurate the first phase of a 5,000 barrels per day (bpd) modular refinery, owned by Waltersmith Limited, in Ibigwe, Imo state on November 24,
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A coalition of civil society organisations says Nigeria’s efforts to prosecute illicit funds with the OPL 245 deal may be compromised by the International Centre for Settlement of Investment Disputes
The Nigerian National Petroleum Corporation (NNPC) says the crude oil found in the Benue Trough is in commercial quantity. In October 2019, the corporation announced the discovery of hydrocarbon deposits
The Nigerian government, through the ministry of petroleum resources, has signed a memorandum of understanding with the government of Niger Republic for petroleum products importation. According to a statement released
The Nigeria Labour Congress (NLC) says the recent increase in the pump price of premium motor spirit (PMS), otherwise known
The Nigerian National Petroleum Corporation (NNPC) says oil marketers will be able to buy petrol at N153.17 per litre on
A London high court has ruled that Nigeria’s $1.7 billion lawsuit against JP Morgan Chase for its role in the
The Nigerian National Petroleum Corporation (NNPC) says the ongoing nationwide strike by some oil workers will not lead to fuel
Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have commenced a
The Nigerian National Petroleum Corporation (NNPC) has confirmed an explosion at Oil Mining Lease (OML) 40 operated by the Nigerian