WARRI – The Management of the Nigerian National Petroleum Corporation, NNPC on Tuesday confirmed that there was a minor fire incident in the Topping Unit of...
WARRI– THERE was an explosion at the Warri Refinery and Petrochemical Company, WRPC, Warri, Delta State, which forced the 35-year-old company, operating mostly with outmoded...
UYO – The Akwa Ibom State Government has directed three oil firms operating Marginal Oil Fields offshore in the state, the Oriental Energy Resources Ltd, AFREN...
LAGOS – Nigeria’s bid to raise its oil reserves to 40 billion barrels by 2020 remains firmly on track despite tough challenges of declining investment and...
ABUJA – The confusion that followed the takeover of Capital Oil and Gas Industries Ltd by the Asset Management Corporation of Nigeria (AMCON) has been laid...
ABUJA – The management of NNPC says it has not stopped importation of petroleum products as reported by a section of the local and international media....
LONDON – Oil companies are stepping up exploration in Morocco, attracted by its stability relative to other parts of North Africa and encouraged by advances in...
TORONTO – Firefighters battling a major blaze after a Canadian National tanker train derailed west of Edmonton, Alberta, on Saturday have decided to withdraw and wait...
LAGOS – Oando Plc has received commitment letters for up $815 million of credit facilities from local and foreign banks to pay for the acquisition of...
ABUJA – Nigeria’s oil and gas industry faces imminent collapse if the problem of crude oil theft and illegal oil refining are not tackled speedily and...
