One of Nigeria’s two main oil unions has threatened to begin a nationwide strike from Dec. 18 over what it said was a “mass sacking of...
Department of Petroleum Resources (DPR) has directed private depots with petroleum products to give priority to Lagos State in the distribution to end scarcity in the...
The Federal Government has declared that it has no intention now or in the near future to hike the prices of petroleum products in the country....
A Dutch law firm has asked the public prosecutor in the Netherlands to file a case against Royal Dutch Shell, its CEO and former executives of...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, rushed back to Nigeria from the United Kingdom to attend to shortage...
Nigerian crude oil output slipped by 40,000 bpd in November a Reuter survey said. According to the report Nigeria’s largest crude stream, Qua Iboe, was scheduled...
The Independent Petroleum Marketers Association of Nigeria, IPMAN, have carried out its threat of embarking on strike, as fuel queues returned, in major petrol stations in...
Crude oil price in the international market fell as United States of America shale drillers last week added more rigs but prices still held close to...
OPEC said its members have agreed to extend oil out put cut to end of 2018 and has capped the output of Nigeria and Libya...
The Nigerian National Petroleum Corporation, NNPC has denied allegations that it is selling fuel above the approved price at its depots saying that fuel is currently...
The Nigeria Extractive Industries Transparency Initiative, NEITI,in its latest report has expressed concern over the volatility in the monthly revenue allocation to Federal, States and Local...
Shell Petroleum Development Company (SPDC) has denied a report by the Amnesty International alleging that a cache of thousands of internal documents suggested that the Anglo-Dutch...
The Managing Director, Nigerian National Petroleum Retail Limited, Mr Yemi Adetunji says the market shares of the company has grown to 14 per cent in 2016. Adetunji...
OPEC is heading for tougher-than-expected policy talks this week as its leader Saudi Arabia pushes to extend oil output cuts by nine months while non-member Russia...
Amnesty International has called for a criminal investigation into the alleged role of Royal Dutch Shell in human rights abuses in Nigeria’s oil-rich Ogoniland in the...