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Okoroma Clan in Nembe Local Government Area of Bayelsa, on Monday, issued 14-days ultimatum to the Nigerian Agip Oil Company, NAOC, to renew a MoU with the clan, or have their operations in the area shut. Indigenes of Okoroma clan under…
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The Nigerian Agip Oil Company Limited, NAOC, has said false and unverified claims on how it is conducting its operations are irresponsible and they create confusion, tension and instability in a moment in which the country should unite…
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The Petroleum Products Pricing Regulatory Agency (PPPRA) is discussing with the Central Bank of Nigeria (CBN) on ways to make foreign exchange (forex) accessible to private oil marketing companies seeking to import petroleum products into…
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Oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns around the world in the second half of 2020, when oil prices “will be $40 starting from the third quarter,” Mohamed Arkab, Energy Minister of…
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The two are from diverse backgrounds but seem driven by the same passion- the desire to make things better. Timipre Silva, Minister for State for Petroleum and Mele Kyari, the Group Managing Director of the Nigerian National Petroleum…
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President Muhammadu Buhari has approved the phased and gradual easing of the lockdown in Lagos and Ogun states as well as the Federal Capital Territory, Abuja. He said this in a nationwide address this evening that "In line with the…
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This is according to a statement by Mr Femi Adesina, special adviser to the president on media and publicity. In his communique, the media aide urged all television, radio and other electronic media stations to hook up to the network…
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The Society of Petroleum Engineers (SPE), Abuja Section Saturday, distributed food items and other consumables worth over a million Naira to communities as palliatives to cushion the effects of the lockdown due to COVID-19 pandemic. …
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Many people are feared trapped as a Nigerian National Petroleum Corporation (NNPC) gas station and about five residential buildings have been gutted by fire. The outbreak which started around 1pm at College Road, was caused by a petrol…
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*White House was reportedly not interested in the intel, but it was passed onto NATO, IDF; when it reached Israel’s Health Ministry, ‘nothing was done’ US intelligence agencies alerted Israel to the coronavirus outbreak in China already…
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