Angry Sylva’s Kinsmen threaten to coccupy Agip facility over oil spill
Angry Kinsmen of the Minister of State for Petroleum Resources, Chief Timipre Sylva have threatened to occupy and shut down the crude oil production...
Oil Spill: Bayelsa Community threaten to show down with SPDC over dispute damage claims
The Paramount Ruler and the Indigenes of the Ikarama Community of Yenagoa Local Government Area of Bayelsa State has threatened a show down with...
NNPC releases 2019 audited financials, declares N1.7bn loss …N803bn loss recorded in 2018
The Nigerian National Petroleum Corporation, NNPC, Thursday, announced the release of its 2019 Audited Financial Statement, declaring a loss of N1.7 billion, representing a...
Petrol will soon be very cheap, says Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed has said the government will encourage the establishment of modular refineries in order to crash...
Petrol price in Nigeria one of the cheapest in Africa – Lai Mohammed
The Federal Government on Monday said despite the recent increase in the price of Premium Motor Spirit to N162 per litre, the price of...
Nigeria can’t subsidize fuel any longer ― Senator Yusuf
…Says Nigeria Can’t sustain 5billion on IDPs monthly
CHAIRMAN, Senate Committee on Special Duties, Senator Yusuf Abubakar Yusuf, APC, Taraba Central has lamented that based...
NNPC officially raises petrol price to N151 per litre
The Petroleum Products Marketing Company (PPMC) has increased the price of petrol from N138.62 per litre to N151.56 per litre.
The PPMC, which is a...
President Buhari to get revised PIB in days – Officials
The revised Petroleum Industry Bill will be transmitted to the President, Major General Muhammadu Buhari (retd.), in a few days, officials privy to the...
Oil prices rise, head for weekly gain
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of...
Bayelsa community shuts SPDC’s drilling operation, demands recognition as landlord
THE people of Letugbene, Ekeremor Local Government Area, Bayelsa State have shut down a drilling rig belonging to Shell Petroleum Development Company, SPDC, alleging...