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Tag "crude oil"

Very soon Nigeria will drink her crude oil, says Ezekwesili

    Very soon Nigeria will drink her crude oil, says Ezekwesili

Oby Ezekwesili, former minister of education, says Nigeria will be forced to drink her crude oil very soon. She said the country risks losing its grip on crude oil as

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Buhari: I’m disappointed with some south-east leaders over IPOB

    Buhari: I’m disappointed with some south-east leaders over IPOB

President Muhammadu Buhari says he is disappointed in some community leaders who failed to caution “hot-headed” youth calling for the dismemberment of the country. The Indigenous People of Biafra (IPOB) has been

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Oil prices inch close to $56

    Oil prices inch close to $56

Oil prices moved close to $56 on Monday, remaining near multi-month highs reached late last week. The number of US rigs drilling for new production fell and refineries continued to

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Future of oil declining, Osinbajo warns as countries discover alternatives

    Future of oil declining, Osinbajo warns as countries discover alternatives

Vice-President Yemi Osinbajo has said the profitability of Nigeria’s oil is gradually declining. Speaking during the second national council on Niger Delta meeting held in Akure, Osinbajo said the plan

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I wish oil would dry up so we could start using our brains, says el-Rufai

  I wish oil would dry up so we could start using our brains, says el-Rufai

Nasir el-Rufai, Kaduna state governor, says he desires for Nigeria’s crude oil to get exhausted so the nation can start

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NNPC: We don’t sell crude oil from hotel rooms

  NNPC: We don’t sell crude oil from hotel rooms

The Nigerian National Petroleum Corporation (NNPC) has warned unsuspecting buyers that it does not sell crude oil from hotel rooms.

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Kachikwu: Ageing pipelines reduced crude production in July

  Kachikwu: Ageing pipelines reduced crude production in July

Ibe Kachikwu, minister of state for petroleum, says aging pipelines are responsible for the reduced crude oil output recorded in

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Shell begins gas production in Niger Delta

  Shell begins gas production in Niger Delta

Royal Dutch Shell, British-Dutch oil and gas company, says it has started gas production from the second phase of the

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Niger Delta elders give FG till Nov to meet demands, threaten to end peace deal

  Niger Delta elders give FG till Nov to meet demands, threaten to end peace deal

The Pan-Niger Delta Forum (PANDEF) says it will abandon negotiations with the federal government if its demands are not met

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Kachikwu: It is better to stop oil production than to run at a loss

  Kachikwu: It is better to stop oil production than to run at a loss

Emmanuel Ibe Kachikwu, minister of state for petroleum resources, says it is better for Nigeria to stop crude oil production

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