The federal government is set to introduce a new crude grade, medium sweet Obodo, which is projected to hit the market in April in a move by the Government to sustain its crude offering. Obodo has a g...
When a state of emergency was declared in parts of Nigeria in 2013, Bola Tinubu, then a fiery opposition leader, was apoplectic. He condemned the declaration by former President Goodluck Jon...
The refinery announced in a statement on Tuesday. Citing data from Kpler, a ship tracking service, another vessel, Hafnia Andromeda, is set to arrive at the Everglades terminal, one of the US ports, o...
The federal government’s ambition of industrialising the country may remain a pipedream, as it continues to export most of the country’s fossil fuels, which hit 86 per cent of total crude oil ou...
The Chairman of the International Law Association (ILA), Dr Tolu Aderemi, has shed light on how Nigeria can take advantage of the Russia-Ukraine crisis and play a lead role in the liquefied natural ga...
Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has cautioned the federal government against continuing with the naira-for-crude transaction framework in the interest of the co...
The Nigerian National Petroleum Company (NNPC) Limited has denied reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State, stating that the incident was a flare event that...
The Nigerian Exchange Limited (NGX), yesterday, extended losses to the third straight session as market capitalisation declined by N288 billion, amid price depreciation in MRS Oil Nigeria Plc, Aradel ...
Checks indicate that the incident, which occurred on Monday night, has raised concerns about potential disruptions to Nigeria’s already struggling oil production. The pipeline, with a capacity to tran...
A Federal High Court in Abuja, on Tuesday, turned down the request of the Nigerian National Petroleum Company Limited (NNPC) to strike out a N100 billion suit instituted by Dangote Refinery and Petroc...
