Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+. On Tuesday, Brent Crude
The Federal Competition and Consumer Protection Commission (FCCPC) has acknowledged the planned suspension of airline operations by the Airline Operators of Nigeria (AON) over the rising cost of jet fuel reports Prime
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In the quest to create level playing ground for all, $40m fund has been created for women entrepreneurs in the Nigerian oil and gas industry under the Nigerian Content Intervention Fund (NCI
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Photos By Chuks Uzochukwu The Imo State Government has declared wanted one Mr. Okenze Onyewoke, owner of the illegal crude oil refining site at Abaezi forest, in Ohaji-Egbema council area of the
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Chief Executive Officer of the Nigeria Upstream Regulatory Commission, Gbenga Komolafe has decried the level of oil theft in oil producing communities in the country reports Prime Business Africa.
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Following the announcement of 28 February 2022 by Lekoil Limited that it had entered into an agreement with Savannah Energy Investments Limited, a subsidiary of Savannah Energy PLC, Lekoil Nigeria Limited has
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The February 2022 oil spill at Lasukugbene community in Southern Ijaw area of Bayelsa State has been a major concern to environmentalists, including HOMEF and the Environmental Rights Action (ERA). The spill
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JOHANNESBURG, South Africa, 21st March 2022 -/African Media Agency(AMA)/- In the highly competitive oil and gas sector, any inefficiency could result in missed opportunities and lost revenue. For a newly decreed national agency
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With the surging scarcity of fuel in many parts of the country as a result of supply shortage, the Federal Government may have yielded to pressure to avert deterioration of the situation
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Sequel to the decision of the Nigeria National Petroleum Corporation (NNPC), Airline operators, oil marketers and other stakeholders on Monday to temporarily peg the price of air fuel at N500, the NNPC
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On the scarcity of petrol, the attendant hike in consumer prices and increasing deterioration of quality of life for all Nigerians, President Muhammadu Buhari has expressed sincere regrets. The president, currently on
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