One billion oil barrels found in North-East, says FG
Timipre Sylva, the minister of state for petroleum resources, said on Wednesday that the nation’s oil and gas sector has worsened as
Nigeria lost $42bn to oil theft in 10 years – NEITI
As per a verifiable reports from the Nigeria Executive Industries Initiatives, around $41.9bn worth of crude oil and refined products
Nigeria’s Trans-Forcados oil pipeline shut due to leak -source
Nigeria’s Trans-Forcados pipeline which exports the Forcados crude oil is shut down for repairs to inspect a leak, a source with
Nigeria’s new gas, oil policy to stimulate competitive environment for local, foreign investors, says oil minister
Ibe Kachikwu, Nigeria’s minister of state for petroleum resources said Tuesday that the country’s new gas, oil policy,
Gas operators lose 18% income to regulated pricing
The Nigerian gas market is in dire need of market-reflective pricing as operators lose sleep over their loss of an average 18 percent
Nigeria to stop relying on crude oil prices- Finance minister
Kemi Adeosun, Nigeria’s finance minister said Africa’s top oil producer is trying very hard to ignore crude oil prices. The minister
Oil prices expected to trade around $60-70 through 2020- survey
Oil prices are expected to remain close to current levels, averaging around $60 to $70 per barrel through the end of the decade,
Nigeria’s Petroleum minister says petrol price remains N145 amid speculations of new hike
Emmanuel Ibe Kachikwu, minister of state for petroleum, has denied news reports that the Federal Government was planning to jack up
Eni, Shell to stand trial in Milan over alleged $1bn bribery case in Nigeria
Italian giant Eni SpA, Royal Dutch Shell Plc, and senior executives will face trial over a $1.1 billion bribery scandal in the 2011