Friday, 9th December 2022
Breaking News:

Crude oil

3 days ago
The official flag off of the long awaited crude oil drilling in the North is a historical landmark that could change the economic landscape in Nigeria if properly managed. Coming 66 years after oil was discovered in the Niger Delta, the development is a laudable and indeed, a good omen to have oil in the North.…
27 Nov
The country’s dwindling oil production, currently standing around one million barrel per day may receive a boost as Green Energy, operator of Otakikpo Marginal Field in OML 11 move to increase production...
4 Nov
Stakeholders at the African Refiners and Distributors Association (ARDA), Nigerian National Petroleum Company Limited (NNPC) and Dangote Refinery have stressed the need for African countries to refine their hydrocarbon resources
4 Nov
All the promises that needed to be made to move our country forward have been made by political office-seekers at the national and sub-national levels in the past 62 years of our independence. You should have no difficulties
2 Nov
Stakeholders at African Refiners and Distributors Association (ARDA), Nigerian National Petroleum Company Limited (NNPC) and Dangote Refinery have stressed the need for African nations to locally refine their hydrocarbon resources and reduce importation of petroleum products. According to them, this strategic move would assure Africa’s energy security, as the continent’s growing energy needs are to…
30 Oct
Nigeria loses at least 700,000 barrels of crude oil to thieves daily, Minister of State for Petroleum Resources, Chief Timipre Sylva said in Effurun, Delta on Saturday.
26 Oct
The Managing Director of the Nigerian Ports Authority(NPA), Mohammed Bello-Koko has said the agency is in the process of procuring a Vessel Tracking Service (VTS) to enable it to identify
26 Oct
Nigeria, once a leading crude oil producer in Africa with close to two million barrels per day production is struggling to keep up despite the passage of the Petroleum Industry Act.
17 Oct
Senior lawyer and human rights activist, Femi Falana, has described the recent burning of a crude oil laden vessel by soldiers as “a deliberate attempt to cover up the involvement of military personnel in the serious crime of oil theft.”
18 Sep
Lagos State Government has assured of its support to promote the export of locally-made goods, in a bid to reduce the nation’s dependency on crude oil.
17 Aug
Bayelsa State Police Command has arrested and paraded five notorious pipeline vandals, who specilised in breaking and damaging crude oil pipelines for illegal oil bunkering activities
31 Jul
In 2001, I attended the national council on power when the late Olusegun Agagu was Minister of Power, this was during the Olusegun Obasanjo administration, Danjuma Goje was Minister of State for Power,...


Peru's former president Pedro Castillo was placed in provisional detention on Thursday, a day after he was ousted by lawmakers and arrested, accused of attempting a coup.
30 mins ago
President Muhammadu Buhari has urged his successor to build on his legacies in the agricultural sector to achieve food security in the country
54 mins ago
The House of Representatives has applauded the partnership between Nigerian National Petroleum Corporation (NNPC) Limited and Tantita security service Nigeria Ltd owned by Oweizide Ekpemupolo aimed at ensuring the security of oil facilities in the oil-rich Niger Delta region of the country.
1 hour ago
The medical consultants under the auspices of the Medical and Dental Consultants' Association (MDCAN) have raised the alarm that the migration of the medical workforce from the Ekiti State University Teaching Hospital (EKSUTH), is seriously affecting the survival of the tertiary health institution.
1 hour ago
Further to its commitment to the ban on commercial motorcycles within the nation's capital, Abuja, the joint enforcement team of the Federal Capital Territory Administration (FCTA) crushed 432 seized motorcycles on Thursday.