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SPDC is very disappointed that the Rivers State High Court affirmed the enforcement of the purported sale of interests in SPDC’s JV’s assets in Kidney Island...
United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as the lead arranger of a consortium of Nigerian commercial and international...
Nigerian National Petroleum Corporation (NNPC) has fired 850 workers, many of them from refineries, amidst the coronavirus pandemic, an oil union said. The workers are both...
Dr. Ogbonnaya Onu, minister of Science and Technology, has said that the use of methanol will help improve the economy and provide jobs amidst COVID 19...
Federal government has announced a reduction in the price of petrol from N125/litre to N123.5/litre, indicating a further reduction of N1.5. Abdulkadir Saidu, executive secretary, Petroleum...
Major Oil Marketers Association of Nigeria (MOMAN) said access to the dollar at N306 will enable them to resume importation of Premium Motor Spirit (petrol). The...
Chevron is reportedly making plans to sell some of its Nigerian oil assets and focus on growing its shale production in the United States. Reuters...
House of Representatives said it will investigate the alleged clandestine recruitment process in Nigerian National Petroleum Corporation (NNPC), Nigerian Ports Authority (NPA), Central Bank of Nigeria...
Special Presidential Investigation Panel for the Recovery of Public Property (SPIP), has recovered N120.60 million from a commercial bank, Lucie-Ann Laha, head, Media and Communication of...
Yesterday, a section of the Nembe Community, Bayelsa State, Nigeria, converged, without prior notice, on and barricaded the entrance to Aiteo’s logistics base interrupting normal work...