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Oil price falls to $81 per barrel as OPEC postpones meeting to Nov 30

    Oil price falls to $81 per barrel as OPEC postpones meeting to Nov 30

The Organisation of Petroleum Exporting Countries (OPEC) has postponed its meetings originally scheduled to hold on November 25 and 26, 2023.  In a notice on its website, OPEC said the

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NNPC: We have enough petrol supply to last beyond festive season

    NNPC: We have enough petrol supply to last beyond festive season

The Nigerian National Petroleum Company (NNPC) Limited says it has enough supply of petrol, also known as premium motor spirit (PMS), to last beyond the festive period. According to a

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We’re committed to ending crude oil theft, says NNPC

    We’re committed to ending crude oil theft, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says it is committed to winning the ongoing war against crude oil theft in the country. Mele Kyari, group chief executive officer (GCEO),

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NNPC: Vandalism is a national calamity | 5,000km of oil pipelines not working

    NNPC: Vandalism is a national calamity | 5,000km of oil pipelines not working

The Nigerian National Petroleum Company Limited (NNPC) says over 5,000 kilometers of oil pipelines are not working. Mele Kyari, the group chief executive officer (CEO) of the company, made this

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Report: Eni suspends OPL 245 arbitration at World Bank— days after FG withdrew $1.1bn suit

    Report: Eni suspends OPL 245 arbitration at World Bank— days after FG withdrew $1.1bn suit

Eni, an Italian oil company, has temporarily suspended arbitration in the oil prospecting licence (OPL) 245 dispute with the Nigerian

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‘It’s intended to cause panic’ — NUPENG denies reports of nationwide strike

    ‘It’s intended to cause panic’ — NUPENG denies reports of nationwide strike

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum Tanker Drivers (PTD), a body in the

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Tanker drivers threaten to break away from NUPENG amid leadership crisis

    Tanker drivers threaten to break away from NUPENG amid leadership crisis

The Petroleum Tanker Drivers (PTD) have threatened to break away from the Nigeria Union of Petroleum and Natural Gas Workers

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Navy: 15,775 litres of crude oil seized in Ondo

    Navy: 15,775 litres of crude oil seized in Ondo

The Nigeria Navy says its task force has seized and destroyed 15,775 litres of crude oil from oil thieves in

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FG withdraws $1.1bn case against Shell — after discontinuing Eni lawsuit

    FG withdraws $1.1bn case against Shell — after discontinuing Eni lawsuit

The federal government has withdrawn its $1.1 billion lawsuit against Shell Plc alleging corruption in relation to the oil prospecting

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OPL 245: After a string of judicial losses, FG withdraws $1.1bn suit against Eni

    OPL 245: After a string of judicial losses, FG withdraws $1.1bn suit against Eni

The federal government has withdrawn its $1.1 billion civil suit against Eni in relation to the oil prospecting licence (OPL)

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