For The Record: Nigeria’s earning from oil, gas – 1990 to 2017
PDP Government made a total of $783.3bn in 16years.APC – $94bn in almost 8years. Even if you multiply 94 by…
Obi demands urgent resignation of top oil and gas management
Peter Obi, Labour Party’s presidential candidate, has demanded the resignation of top hierarchy of the nation’s oil management bureaucracy over…
Technology now contributes more than oil to Nigeria’s GDP – Report
According to the recent Gross Domestic Product (GDP) report by the National Bureau of Statistics, the information and communications technology…
Global oil crisis coming as production set to plunge by 30%
Global crude production is expected to drop 30% by the end of the current decade due to underinvestment in oil…
Cyberattack on major US pipeline sends oil prices higher
Crude and fuel price rose on Monday as one of the largest fuel pipeline systems in the US remained largely…
OPEC in trouble as oil outlook worsens
OPEC has worked vigilantly to bring the oil market into balance, but with demand recovering more slowly than expected, the…
Reduction of gas flaring receives a boost
..as NNPC, SEEPCO sign gas development deal The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company…
Russia bans import of refined petroleum products to protect its refining industry
Russia has banned imports of refined petroleum products, including gasoline, diesel, and jet fuel, to protect its refining industry from…
Breaking: Oil prices hit 2-months high as Bonny light rises above $30 per barrel
Global oil prices in the international market, today surged to a 2-month high on growing signs of a rebound in…
COVID-19: KANO RECEIVES PACKAGE FROM NNPC, OIL AND GAS COALITION
The Nigerian National Petroleum Corporation (NNPC)-led Oil and Gas Coalition on the fight against COVID-19 has donated medical consumables, equipment…