Business
Angola overtakes Nigeria as Africa’s top oil producer
Nigeria has again lost its Africa’s top oil producer status to Angola, as the country’s crude oil production…
News
Three oil workers die in Bayelsa pipeline explosion
Three oil workers have reportedly lost their lives in pipeline explosion in Bayelsa State. The victims, said to…
News
Tinubu tongue-lashes NNPC boss, Kachikwu over fuel scarcity
Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, on Saturday got a tongue-lashing from the national leader…
Business
Oil price rises to $42.29 in Nigeria
World oil prices rose for a third straight day today with traders brushing aside news of a rocket…
Business
Oil workers suspend strike, fuel scarcity worsens
The industrial action embarked upon on Tuesday by oil workers across the country due to the restructuring of…
Business
Oil subsidy will not be oil subsidy in 2016 – Minister
Nsukka – Ferdral government has said it will spend zero amounts in petroleum subsidy in 2016 and would…
Business
EXCLUSIVE: Nigeria’s revenue woes worsen as major trouble hit Forcados, oil lifting suspended
Nigeria’s crude oil export operation has suffered a serious setback following a major crack-up of a giant underwater…
News
Gunmen kidnap four oil workers in Edo State
Four workers of an oil firm have been abducted by suspected kidnappers along the Benin-Akure express road. The…
Business
Nigeria generates N3.27trn from oil and gas sector in 10 months
Nigeria earned N3.27 trillion from the oil and gas sector in 10 months, between January and October 2015,…
