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The Nigerian Navy has announced significant successes in its fight against illegal bunkering and oil theft, disclosing that its troops denied criminals 411,400 litres of crude oil and thousands of …
Navy seizes over 400,000 litres of crude oil, deactivates 120 pits Read More
The National Oil Spill Detection and Response Agency (NOSDRA) and the Nigerian Agricultural Insurance Corporation (NAIC) have announced a strategic partnership aimed at tackling environmental challenges and strengthening Nigeria’s agricultural …
NAIC, NOSDRA forge partnership to tackle oil spills, boost agriculture Read MoreThe firm attributed the projected $5.4 billion reduction to weakening domestic crude oil production, declining global oil prices and anticipated lower remittance inflows driven by economic slowdowns in key diaspora …
Nigeria’s current account surplus may decline 31.4% to $11.8bn – Afrinvest Read More
Troops of 6 Division, Nigerian Army, have thwarted several attempts by oil thieves and other criminals to re-establish their foothold in the Niger Delta region. The latest operations led to …
Niger Delta: Troops nab 50 oil vandals, confiscate 25,000 litres Read More
Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is …
How Dangote’s N720bn CNG drive will save Nigerians N1.7trn, lift 42m MSMEs – Experts Read More
The League of Civil Society Groups and the National Youth Council of Nigeria (NYCN) have thrown their weight behind the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory …
CSOs, NYCN defend NMDPRA boss amidst protests Read More
The trio of the Nigeria Export Processing Zones Authority (NEPZA), One-Stop-Shop Committee on the `Sale of Crude in Naira’, and the Dangote Refinery & Petrochemicals Free Zone Enterprises, have agreed …
NEPZA, Dangote Refinery to crash prices of petroleum products Read More
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the release of new guidelines for the advanced cargo declaration regime, a move aimed at enhancing transparency, accountability and efficiency in …
NUPRC issues new guidelines for advanced cargo declaration Read More
The residents of Ikot Ebidang community and neighbouring villages in Onna local government area, Akwa Ibom state, have filed a lawsuit against Natural Oilfield Service (Sterling Global) Management, seeking compensation …
Akwa Ibom oil community drags Sterling Global to court over toxic discharge Read More
The Head, National Institute of Information Technology (NIIT), Port Harcourt Centre, Mr. Precious Ogulu, has said that the institute has a comprehensive curriculum delivered by expert instructors designed to equip …
OML 58: Expert instructors designed to equip trainees with demand skills- Official Read More
Ambassador Joe Keshi is the director-general of the Bayelsa, Rivers, Akwa Ibom, Cross Rivers, Edo, Delta (BRACED) Commission. According to him, the Niger Delta region has the potential to produce …
Niger Delta region has huge potential to produce oil palm – Keshi Read More
Chairman Senate Ad hoc Committee on Crude Oil Theft Ned Nwoko, says Nigeria must implement a robust technological framework to curb crude oil theft in the country. Nwoko in an …
Crude oil theft: Nwoko seeks AI-powered surveillance, regional security Read MoreNigeria’s leading crude oil blends — Bonny Light, Brass River, and Qua Iboe — traded at $67.30 per barrel, maintaining a narrow premium over the international Brent benchmark, as the global …
Nigeria’s crude tops Brent amid U.S.-China talks, output shifts Read More
The Defence Headquarters (DHQ) weekend said troops of Operation DELTA SAFE foiled thefts of crude valued at over ₦31 million in one week. The military high command also said troops …
Troops foil oil theft worth over N31bn in one week – DHQ Read MoreFrom a little above $70, the price of crude seems to be hovering around the $65 per barrel benchmark. With an economy that gets over 60 per cent of its …
NNPCL’s GCEO and the need to ramp up oil, gas earnings Read More
Petroquip Nigeria Limited, a prominent indigenous oil and gas services company, has formally petitioned the House of Representatives, urging lawmakers to intervene in a long-running financial dispute with multinational contractor, …
Indigenous oil firm petitions House of Reps over Saipem dispute Read More
The Empowerment for Unemployed Youth Initiative and Coalition of Civil Society Groups have described the recent London protest against the former Group Managing Director of the Nigerian National Petroleum Corporation …
London protest: CSOs warn on campaign of calumny against Mele Kyari Read More
Troops of 6 Division, Nigerian Army, in conjunction with other security agencies have intensified the crackdown against crude oil theft and associated crimes across the Niger Delta region. The operations, …
Niger Delta: Troops nab 38 ‘oil thieves’, recover over 700,000 litres Read More
The African Energy Council (AEC) has said that the series of media trials, needless probes, and investigations being conducted in the oil and gas sector is stifling the growth and …
Media trial stifling Nigeria’s oil sector performance – AEC Read MoreThe Defence Headquarters (DHQ) has said troops of Operation DELTA SAFE, a military task force focused on curbing oil theft and securing the Niger Delta region, have intercepted stolen crude …
Troops foil oil theft worth N1.93bn, rescue 173 kidnap victims, nab 430 suspects in one week- DHQ Read More
Nigeria is bracing for severe economic shocks as Brent crude prices plunged to $59.25 per barrel—well below the government’s benchmark of $75 set for the 2025 federal budget—raising alarm over …
Nigeria faces fiscal crisis with oil prices below budget benchmark Read More
A Nigerian non-governmental organisation, the Ogoni Voice Achievers Foundation (OVAF), has called on the federal overnment, International Oil Companies (IOCs), and the Nigerian National Petroleum Company Limited (NNPCL) to …
Ogoni foundation urges FG, oil companies to prioritise region’s development Read MoreTroops of 6 Division, Nigerian Army (NA), has continued the onslaught against oil thieves and associated crimes in the Niger Delta Region (NDR). In the latest operations conducted between 21 …
Niger Delta: Army arrests 23, recover 180,000 litres of products Read More
A Civil Society Group, Partnership Advocacy for Sustainable Society (PASS) has called on the Federal Government to urgently intervene and deliver justice following a violent attack on Mr. Abu Joseph, …
Group demands justice for Tantita staff over violent attack on Bayelsa community Read More
Recently, the Federal Executive Council (FEC) directed the full implementation of the Naira-for-Crude policy for local refiners. The Naira-for-Crude policy, introduced in 2024, entails the sale of crude oil to …
Naira-for-Crude and matters arising Read More