Oil&gas
UAE may withdraw from OPEC+ over tensions with Saudi Arabia, Russia – Reports
With tensions running high between the United Arab Emirates and its petroleum allies, Saudi Arabia and Russia, Abu Dhabi considers...
Read moreCommunity in Bayelsa, serves Aiteo quit notice over alleged economic strangulation
The Opu-Nembe community in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa and host to Aiteo Eastern Exploration and Production limited,...
Read morePIB: FG to revoke licences of oil firms over neglect of host communities
The new Petroleum Industry Bill (PIB) before the National Assembly is proposing the revocation of licences for oil and gas...
Read moreDPR prohibits cylinder to cylinder gas refilling – Official
The Department of Petroleum Resources (DPR) has warned Liquefied Petroleum Gas (LPG) retail outlets against cylinder to cylinder gas refilling...
Read moreOil companies to incorporate host community development trust- PIB
Oil companies operating in Nigeria are expected to incorporate a host community trust for social and economic benefit from petroleum...
Read moreNOSDRA subjects Shell’s “leaking” pipeline to third-party examination
The National Oil Spills Detection and Response Agency (NOSDRA) says it has subjected a section of the 14″ Okordia-Rumuekpe pipeline...
Read moreNNPC cuts loss by 99.7% – Report
The Nigerian National Petroleum Corporation (NNPC) says it has recorded a 99.7 per cent reduction in its loss profile from...
Read moreLagos gas explosion: Plant has no operational licence — DPR
The Department of Petroleum Resources (DPR) on Sunday said reports from its preliminary investigations had revealed that the Best Roof Gas...
Read moreNDDC directs international oil companies to pay into CBN offshore account
The Niger Delta Development Commission (NDDC) says it is only in its CBN Offshore Account that international oil companies can...
Read moreSenate begins probing unrepatriated oil, gas, non-oil export proceeds
The Senate has began probing crude oil and gas and non-oil export proceeds unrepatriated since the inspection of the Export...
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