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Major oil marketers speak on scarcity of aviation fuel
The Major Oil Marketers Association of Nigeria (MOMAN) has urged airlines and air travellers not to panic over aviation fuel scarcity, as...

Oil companies under fire as monarch reveals what’ll soon happen to Niger Delta
The paramount ruler of Kaiama community in Kolokuma/Opokuma Local Government Area of Bayelsa state, HRH Jerry Burutolu, has raise alarm...

Rivers: Wike blows hot, warns communities against shutting oil production
The Rivers State Governor, Nyesom Wike, on Thursday warned that he would no longer tolerate the shutting down of oil production...

Stop depending on oil, explore, recreate other sectors – Marketer tell Nigerian govt
Nigerian Government has been called upon to start working towards harnessing potentials of other sectors beyond crude oil because of...

Navy seizes 3 trucks used to smuggle adulterated ‘black oil’ in Rivers
No fewer than three trucks have been seized by the Nigerian Navy for allegedly being used to smuggle adulterated ‘black oil’ to...

Aiteo: Nembe community threatens to shut down oil company, gives reasons
Residents of Nembe, the host community of Aiteo Eastern Exploration in Bayelsa, on Tuesday, staged a peaceful protest to register their...

Court convicts 11 oil thieves, bag three years jail term
A Federal High Court sitting in Warri, Delta State, has convicted 11 persons, who were prosecuted by the Economic and Financial Crimes...

There’s massive oil revenue theft against Niger Delta states – Akwa Ibom leaders cry out
Akwa Ibom leaders, under the aegis of Ibom Leaders Vanguard, have condemned what they called “massive oil revenue theft” by the federal...

Nigerian Government moves to revoke licences of oil companies
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said that the Federal Government will from 2019 commence the...

NNPC under fire over Nigeria’s oil money
State Commissioners of Finance, who are key stakeholders in the Federation Account Allocation Committee (FAAC) are seeking to stop the...

FACT CHECK: How Buhari got it wrong on Nigeria’s oil revenue
DAILY POST findings have proved Nigeria President, Mumammadu Buhari’s stand on oil revenue wrong. At the peak of a meeting with a...

Gowon warns Nigeria against over-dependence on oil
Former Head of State, Gen. Yakubu Gowon, said on Wednesday, that Nigeria must take some steps to plan beyond oil so as to reposition the...

Militants threaten to bomb oil facilities, order unit heads to prepare
A militant group, Supreme Egbesu Council, has threatened to bomb oil facilities in Warri North, Warri South and South-West Local...

Corruption in Nigeria’s oil sector must stop — Buhari
President Muhammadu Buhari, on Monday insisted that instances of corruption in the nation’s oil and gas industry must not be allowed in...

Oil rises towards $80 on US crude inventory drop, weaker dollar
Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of...

Real reason Buhari ordered search for oil in North – Ekweremadu
Deputy Senate President, Ike Ekweremadu has said that the fear of restructuring has led to the ‘desperate search’ for oil in the Lake...

PENGASSAN warns FG against selling oil and gas assets to fund 2018 budget
Oil workers, under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have warned the Federal...

Obaseki asks Nigerian government to deregulate petroleum sector
A former Group Managing Director of the Nigerian National Petroleum Company (NNPC), Dr Jackson Gaius-Obaseki, has urged the Federal...

Man pours hot oil on girl in Abuja
A Karmo Grade 1 Area Court, sitting in Abuja, has sentenced one Audu Alhassan to five months imprisonment for bathing a young girl with...
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