Tajudeen Abbas, speaker of the house of representatives, says Nigeria lost about $46 billion (N16.25 trillion) to crude oil theft in 11 years. Abbass spoke on Thursday while inaugurating an
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The National Oil Spill Detection and Response Agency (NOSDRA) says the country recorded 352 incidences of crude oil spills, leading to the loss of 5,575 barrels from January to August.
The Nigerian National Petroleum Company Limited Exploration and Production (NEPL) has expressed concerns about the divestment of the Nigerian Agip Oil Company’s (NAOC) participating interest in its joint venture (JV)
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says it has ordered the withdrawal of its members from all offices and field locations of Eni, over the
Oil price, on Monday, rose to a record high, nearly hitting the $90 a barrel mark. Brent crude, the global
Oando Plc says it has reached an agreement with Eni, on the acquisition of a 100 percent stake in its
Saudi Aramco is considering selling a 2.5% stake in the company worth $50 billion, the Wall Street Journal is reporting.
The Nigerian National Petroleum Company (NNPC) Limited says Nigeria’s crude oil production level (including condensate) is currently at 1.67 million
The Nigerian National Petroleum Company (NNPC) Retail Limited says it has taken appropriate disciplinary action against its staff found under-dispensing
The joint task force of Operation Delta Safe (OPDS) says it has arrested MV Ofuoma, an oil vessel, and 10
