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Oil prices fall below $100 a barrel ahead of OPEC+ meeting

    Oil prices fall below $100 a barrel ahead of OPEC+ meeting

Oil prices fell on Tuesday ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+.  At 9.00 GMT+1, Brent crude plunged 0.37

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Sylva: Midstream, downstream regulations will attract investment, boost local participation

    Sylva: Midstream, downstream regulations will attract investment, boost local participation

Timipre Sylva, minister of state for petroleum resources, says regulations in the midstream and downstream petroleum regulations will accelerate investments in the sector. Sylva said this at the NMDPRA stakeholders’

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Kuwait’s Haitham Al Ghais assumes office as OPEC secretary-general

    Kuwait’s Haitham Al Ghais assumes office as OPEC secretary-general

Haitham Al Ghais, a Kuwaiti oil and gas veteran, has formally assumed office as secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC). Al-Ghais succeeds Mohammad Sanusi Barkindo, the

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Seplat begins commercial injection of 35,000bpd oil through Amukpe-Escravos pipeline

    Seplat begins commercial injection of 35,000bpd oil through Amukpe-Escravos pipeline

Seplat Energy Plc says it has commenced commercial injection of crude oil through the Amukpe-Escravos Pipeline.   Emeka Onwuka, chief financial officer, Seplat Energy, disclosed this in a corporate filing on

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Oil theft: We’ve seized over N25bn worth of petroleum products in four months, says Navy

    Oil theft: We’ve seized over N25bn worth of petroleum products in four months, says Navy

Nigerian Navy says it has seized about 64 million litres of petroleum products worth over N25 billion from oil thieves

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South Africa to reduce pump prices of fuel

    South Africa to reduce pump prices of fuel

The South African government says it will slash the pump price of fuel from Wednesday.  Gwede Mantashe, South Africa’s minister of

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Shell asks host communities to desist from oil theft in Niger Delta

    Shell asks host communities to desist from oil theft in Niger Delta

Shell Petroleum Development Company (SPDC) has lamented increasing incidents of crude theft and vandalisation of its facilities.  Igo Weli, country

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Austin Avuru suspends book launch over court order

    Austin Avuru suspends book launch over court order

Austin Avuru, founding chief executive officer (CEO) of Seplat Energy, says he has called off the planned unveiling of his

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Subsidy probe: Reps ask navy to provide details of vessels lifting petrol from 2017 

    Subsidy probe: Reps ask navy to provide details of vessels lifting petrol from 2017 

A house of representatives committee has asked the Nigerian navy to provide details of vessels used in importing and exporting petrol

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Reps committee: CAC has no record of 22 oil companies doing business with NNPC

    Reps committee: CAC has no record of 22 oil companies doing business with NNPC

A house of representatives committee says there is no information on the status of 23 oil companies operating in the

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