Bayo Ojulari, Group Chief Executive Officer of NNPC Limited, has said the corporation lacks the capacity to run a refinery, describing the reoperationalisation of...
Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s crude oil production, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per...
President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited to the...
Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its...
African law enforcement agencies arrested 651 suspects and recovered over $4.3 million in a coordinated INTERPOL operation targeting investment fraud, mobile money scams, and...
40 crude oil wells have been discovered by the Nigerian Army 6 Division, Port Harcourt, in Rumuekpe community, Emohua local government area of Rivers...
A senior Nigerian National Petroleum Corporation official has been slammed with bribery and tax-related charges in the United States, court filings seen by Peoples...
African Petroleum Producers Organisation (APPO) has floated the African Energy Bank with $5 billion capitalisation. The project feeds into the continent’s move to break...
Shell Plc, oil giant is now more serious towards cutting expenditure and becoming more competitive through applying drastic job reduction measures. Shell has begun...
Sokoto State Command of the National Drug Law Enforcement Agency (NDLEA) has arrested a drug dealer for allegedly masterminding the killing of one of...
Federal Government has hinted of plans to cancel most of the licences granted to marginal oil field operators which have remained non-operational. Gbenga Komolafe,...
Equinor said on Wednesday it has agreed to sell its Nigerian business, including the company’s share in the Agbami oil field, to Nigerian-owned Chappal...
Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil...