Nigeria’s oil minister says crude won’t be an income resource in 10 years
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the…
Nigeria lost 773,100bpd of crude oil in May – NNPC
The Nigeria oil industry lost 773,100 barrels per day to production shut-in…
We don’t sell crude oil from hotel rooms, says NNPC, as Corporation further alerts on scammers
A few days after raising the red flag on the fraudulent activities…
NNPC raises alarm on international crude oil fraudsters
The Nigerian National Petroleum Corporation (NNPC) has raised the red flag on…
Presidency shoots Jonathan, says he presided over the most monumental, tragic economic mismanagement
Presidency said on Monday that the President Muhammadu Buhari administration was handed…
World oil demand to rise – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said demand for oil…
Court remands four accused persons in prison over $1m fraud
The Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned the quartet…
I almost ran away after I took over – Buhari
President Muhammadu Buhari on Thursday owned up to the frustration that has…
FG sues Agip, Total $635m for undeclared oil shipment
The Federal Government is demanding $635 million from two multinational oil companies,…
NNPC loses 560,000 barrels of crude to vandals in six months
The activities of pipeline vandals and oil thieves are taking a toll…