Friday, 1st July 2022
Breaking News:


31 Aug 2016
Planned projects in Nigeria, which are expected to add about 1.124 million barrels per day to the country’s crude oil production, have either been deferred or suspended due to the low crude oil prices and the delay in the passage of the Petroleum Industry Bill (PIB).
29 Jun 2016
Gas supply to electricity plants in Nigeria has dropped from the 686mmscfd it recorded in April to 541mmscfd in May, according to the Nigerian National Petroleum Corporation (NNPC).
23 Jun 2016
Shell and rivals including Chevron and Exxon Mobil were late to the shale revolution at the end of the last decade and struggled to match the success of smaller independent producers that increased U.S.
20 Jun 2016
The national current generation output now stands at about 1651mw after it dropped from 2840mw last Friday.
8 Jun 2016
Crude oil prices rose from $50 per barrel to hit 2016 high at $51.29 per barrel during the early trading hours of yesterday, which is the highest since eight months ago.
5 Jun 2016
Eni, the parent company of Nigerian Agip Oil Company (NAOC), said the oil firm’s production had been cut short by 65,000 barrels per day following Friday’s attack on its pipeline in Bayelsa.
3 Jun 2016
Shell's Nigerian subsidiary said on Friday it was investigating a claim by the Niger Delta Avengers that it had struck another pipeline in the restive oil-producing south.
3 Jun 2016
The Niger Delta Avengers early on Friday morning blew up Shell Forcado 48" Export line.
1 Jun 2016
EIA said that a number of recently developed and upcoming natural gas projects that are focused on monetising previously flared natural gas are already in place.
1 Jun 2016
Shell Petroleum Development Company (SPDC) has launched a major public service campaign in Nigeria as part of a global effort to encourage debate on how a rapidly ...
11 May 2016
Anglo-Dutch oil giant Shell's Nigerian subsidiary on Wednesday said it has declared force majeure on Bonny Light crude exports following a leak on a key pipeline.
9 May 2016
The zonal preliminaries, which will begin tomorrow, according to the organisers, will hold in Katsina, Minna, Jalingo, Ilorin, Uyo, Owerri, Ughelli, Akure and Osogbo.


5 hours ago
Toyin Abraham confirms that she has no issues in her marriage. The well-known Nollywood actress, is striving to dispel public misconceptions about the stability of her marriage. Recently, Toyin Abraham scolded a worried follower on Twitter for simply inquiring about the status of her marriage. The fan tweeted, “I heard that you are having issues…
6 hours ago
Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the commencement of operations of the Lekki Deep Seaport arrived in Nigeria on Friday, the News Agency of Nigeria (NAN) reports.
7 hours ago
Freedom and democracy have disappeared in Hong Kong, Taiwan's premier said Friday, as Chinese leader Xi Jinping visited the business hub to celebrate the 25th anniversary of its handover from Britain.
7 hours ago
France midfielder Moussa Sissoko has joined Nantes from Watford, the Ligue 1 club announced on Friday, ending a nine-year stay in English football.
8 hours ago
Ghana said on Friday it was seeking International Monetary Fund (IMF) support for its economy, battered by inflation, a pandemic slump and the war in Ukraine.