LAGOS – Pan-African energy corporation, Oando Inc., said it has received credit facility offers of up to $815 million for the buyout of ConocoPhillips’ $1.790 billion...
LAGOS – As part of efforts to boost the supply Premium Motor Spirit, PMS also known as fuel to end users in the country, Techno Oil...
ABUJA – The Shell Petroleum Development Company (SPDC) of Nigeria earlier today expressed concerns over the increasing cases of organized theft of crude oil in the...
YENAGOA — States in the Niger Delta region have demanded upward review of the current 13% derivation paid to oil producing states to 50%. This was...
ABUJA – The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has petitioned the Presidency, asking it not to grant approval for ConocoPhillips to...
LAGOS — In a statement released yesterday, spokesman to Shell Nigeria Precious Okolobo said leaks have forced it to close the Trans-Niger Pipeline that carries 150,000...
ABUJA – Oil climbed to around $109 a barrel on both sides of the Atlantic on Friday after economic data and a sharp decline in U.S....
ABUJA — THE controversial Petroleum Industry Bill, PIB, has again suffered setback in the Senate as the planned public hearing had been put on hold as...
LAGOS – Nineteen ships laden with different petroleum products have arrived at the ports in Lagos, according to the Nigerian Ports Authority (NPA). The NPA in...
YENAGOA — Providence averted what could have been the tragic death of some suspected oil thieves in the deep swamp of Brass in Brass Local Government...
