ABUJA – The Nigerian National Petroleum Corporation (NNPC) and the Petroleum Products Pricing Regulatory Agency (PPPRA) have explained the circumstances surrounding the adequate supply of petrol...
LAGOS – Indications emerged yesterday that oil workers do not believe the announcement that President Goodluck Jonathan has not approved the privatisation of the nation’s four...
WASHINGTON – Brent crude futures rose Monday as bargain hunters came out to feast upon the six-week lows hit in the previous session. News from Libya...
LAGOS – Oando PLC (“Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, announces the execution of...
ABUJA – Top Nigerian officials who met to verify claims that N8 trillion oil revenues had been missing over the last 18 months narrowed their differences...
ABUJA – Officers of the Federal Fire Agency, the National Emergency Management, NEMA, Federal Road Safety Commission, FRSC, and other rescue agencies successfully put out the...
WASHINGTON — It’s tough to miss the trains hauling crude oil out of the Northern Plains. They are growing more frequent by the day, mile-long processions...
…CBN Gov. Unable to Prove N50billion Allegation At Joint Meeting ABUJA – Information obtained through sources near the center of power in Abuja indicate that the...
CARACAS — Venezuelan President Nicolás Maduro said on Wednesday that his administration is evaluating a controversial plan to raise domestic gasoline prices over the next three...
ABUJA – The Nigerian Minister of Finance, Dr. Ngozi Okonjo-Iweala, says $25 billion of the alleged unremitted $49.8 billion by the Nigerian National Petroleum Corporation (NNPC)...