Oil & Gas

El-Rufai orders closure of gas retail shops in residential areas

Gov. Nasiru El-Rufai of Kaduna State has ordered the closure of all gas refill stations…

Kaduna explosion: DPR to prosecute illegal gas operators

The Department of Petroleum Resources (DPR) has threatened to sanction all unlicensed LPG retail outlets…

Brent jumps almost $3 after U.S. air strike on Baghdad airport

Brent crude futures jumped nearly three dollars on Friday after a U.S. air strike in…

Panel blames fire explosion in Rivers’ community on oil thieves

... Fails to recommend compensation payment for polluted sites and properties destroyed  … Former NMA…

Soku oil wells: We’re happy in Rivers, says Wike

Rivers State Governor,  Nyesom Wike has declared that the State Government will continue to fight…

Court frees Ukrainians accused of illegal bunkering by Nigerian Govt

Akin Kuponiyi A Federal High Court sitting in Port Harcourt has discharged and acquitted four…

Major oil producers in Vienna for difficult output talks

Ministers from major oil-producing countries are gathering in Vienna on Thursday to bridge divisions over…

Omo-Agege: Why I’m backing revival of Brass LNG project

.... Says $20bn potential revenue already lost due to non-completion Fifteen years of stalled work…

Nigeria earned $21bn from oil, gas sector in 2017 – NEITI

The Nigeria Extractive Industries Transparency Initiatives (NEITI), says Nigeria earned 21 billion  dollars from the…

Open market price of PMS hits N163.68 – PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) said that the current open price market of…