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Russia is losing its gas war against Europe. That’s what Standard Chartered analysts think, according to a new report from the company, which was sent to Rigzone this week.  “The EU gas market appears well-supplied after six months…
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The President of Petroleum and Natural Gas Workers Association of Nigeria (PENGASSAN), Comrade Festus Osifo, Wednesday, said heads of the Nigerian Military, Police and other security agencies collude to steal crude oil in the Niger…
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The Federal Government is currently discussing with investors on how to power Nigeria’s trains with electricity or gas, following the astronomical hike in the cost of diesel, it was gathered on Tuesday. Partners in the discussion…
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The Hon. Speaker of the Federal House of Representatives, Femi Gbajabiamila says Nigeria can no longer condone the theft of its crude oil. He has therefore tasked those responsible for safeguarding the nation’s crude oil to end the…
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The House of Representatives has directed the Accountant- General of the Federation, Shell Petroleum Development Company (SPDC), Chevron Nigeria Limited, and other stakeholders to furnish it with relevant documents as it began the…
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In accordance with the Petroleum Industry Act of 2021, the Federal Government announced on Monday that the Nigeria Upstream Petroleum Host Community Development Trust Regulations had been formally bulletined. As required by Section…
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The Nigeria Security And Civil Defence Corps (NSCDC), Rivers State Command, Has Arrested 19 Suspects On Account Of Their Involvement In Oil Theft And Illegal Dealings In Petroleum Products. The state Commandant, Michael Ogar, while…
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The Nigerian National Petroleum Company Limited has stated that only the sum of N3.4tn is needed subsidise an average of 66.7 million litres of Premium Motor Spirit (petrol) consumed daily, as against the N4tn approved in the 2022…
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Nigerian National Petroleum Corporation Limited has said some West African and Central African countries have stopped importing petroleum products and depend solely on smuggled products from Nigeria. Umar Ajiya, the Chief Financial…
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The Nigerian Content Development and Monitoring Board (NCDMB) is collaborating with Shell Petroleum Development Company (SPDC) and TotalEnergies Ltd to transform Government Technical College (GTC), Port Harcourt, Rivers State into a…
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