The Rivers state government says it will prosecute Chinyere Igwe, a federal lawmaker from the state, for alleged involvement in oil bunkering. Igwe, whose filing station was sealed for involvement
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Oil price rose above $100 a barrel amid talks of output tightening to support prices in the case of a potential Iranian crude deal and the prospect of a drop
The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N442.37 billion in August as proceeds from the sale of domestic crude oil in May
Mele Kyari, group chief executive officer (GCEO), Nigerian National Petroleum Company (NNPC) Limited, says the country can not legalise artisanal refineries. Artisanal oil refining is small-scale crude oil processing or
Garba Shehu, presidential spokesperson, says the federal government will soon reveal the identities of high-profile individuals behind crude oil theft
Zainab Ahmed, minister of finance, budget and national planning, says the federal government will halt the costly petrol subsidy in
Shell Petroleum Development Company of Nigeria Limited (SPDC) says Shell Plc, its parent company, will not progress with the divestment
Savannah Energy Plc, a British oil and gas company, says Accugas Limited has signed a new gas sales agreement with
Haitham Al Ghais, secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC), says despite declining oil prices, global oil
The national economic council (NEC) has issued a directive to set up a sub-committee to consider concerns raised by state
