Johannesburg, South Africa — Angola and the Democratic Republic of Congo (DRC) are set to make history with the signing of an agreement for the development of Block 14 on Thursday 13 July in Kinshasa. […]
* NNS Pathfinder Commander, Commodore Ibrahim Sulaiman, patrols OML18 theft points Mkpoikana Udoma Port Harcourt — The Nigerian Navy Ship, NNS Pathfinder has again recorded another success in the fight against oil theft in the […]
*Nigerian army parades illegal oil bunkering suspects Mkpoikana Udoma Port Harcourt — The sixth Division of the Nigerian Army in Port Harcourt, has paraded 12 illegal oil bunkering suspects involved in illegal oil bunkering activities, as […]
Abuja — State-owned Nigerian National Petroleum Co. Ltd. will launch an initial public offering (IPO) “soon”, its group CEO said on Tuesday after securing the backing of Nigerian President Bola Tinubu. NNPC runs joint venture […]
*North Sea Brent oil. London — Oil demand from China and developing countries, combined with OPEC+ supply cuts, is likely to keep the market tight in the second half of the year despite a sluggish […]
*New York Stock Exchange Mkpoikana Udoma Port Harcourt — Labour leaders have urged the Federal Government to open up the Nigerian National Petroleum Company, NNPC, by ensuring the company enters not only the nation’s capital […]
*Niger Delta militants. Mkpoikana Udoma Port Harcourt — Nigeria’s rising oil output is now under threat as a self-acclaimed militant group in the Niger Delta known as Creek Reform Warriors, has threatened to resume attacks […]
*A general view of the newly rebranded NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde Mkpoikana Udoma Port Harcourt — The Nigerian National Petroleum Company Limited will remain unattractive to both […]
Ike Amos Dublin, Ireland — Despite ongoing controversy over the utilisation of previous allocations to subnational governments over the years, oil-producing states in the country received N522 billion from the Federation Account in 2022 through […]
*A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Bengaluru — India’s fuel demand eased 3.7% in June month-on-month, government […]
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