AdminAug 1, 20162 min readMilitant group accuses Northerners of plotting to islamize Niger Delta because of oilNDRC, in a statement by its spokesman, W O I Izon-Ebi, on Monday, alleged that the plot to islamise the oil-rich region is to be carried...
AdminJul 21, 20161 min readNigeria can no longer rely on oil – AdeosunFielding questions from senators on Thursday, she said, “Are we in recession? Technically, yes we are. The previous administration was...
AdminJul 6, 20162 min readYouths stage protest against cultism, oil theft in RiversThe youths in their hundreds paraded some streets in Port Harcourt, the state capital, expressing their displeasure with the spate of...
AdminJul 2, 20161 min readRemains of oil workers murdered in Bayelsa recoveredThe remains of two of the three oil workers killed by gunmen suspected to be militants at oilfield in Bayelsa State, have been recovered....
AdminJun 22, 20162 min readOur arrest was shocking because we ‘settled’ soldiers to smuggle oil in Lagos – SuThe suspects, 26-year-old Sterling Longlife, Johnson Igadu and Daniel Poku, both aged 25, alleged that Military officials colluded with...
AdminJun 14, 20162 min readPrice of oil will rise soon – KachikwuThe Minister spoke at the opening ceremony of the 6th African Petroleum Congress and Exhibition, CAPE VI, which held at the International...
AdminJun 10, 20161 min readOil prices dip on stronger dollarThe losses were in line with a sell-off on equities markets from Asia to the Americas fuelled by worries about the state of the global...
AdminMay 2, 20162 min readTompolo distances self from Niger Delta Avengers, blames pipeline attacks on oil firmsHe told President Muhammadu Buhari to investigate oil servicing companies, alleging that they were behind the sabotage of pipelines....
AdminApr 12, 20162 min readOil hits 2016 high of $43 a barrelThe rise was also supported by a weak U.S. dollar and further signs of strong demand in China. Many members of Organisation of Petroleum...
AdminApr 2, 20161 min readOil bunkering: Navy arrest 9 in DeltaThe suspects: Doughe Kelly, Godspardon Favour, Omorh Paul, John Okporo, Ben Okpor, Coker Felix, Sabbath Enezigha, Ken Ose and Adeoye...
AdminMar 28, 20161 min readIgbo group begs FG to stop giving 13% oil derivation South-South GovernorsThe President of the group, Mr Augustine Chukwudum, made the call in an interview with the News Agency of Nigeria (NAN) in Enugu on...
AdminMar 25, 20161 min readOil revenues has bred lazy, corrupt politicians only interested in looting the treasury – Chrigovernment has made politics very attractive, noting that oil revenues have bred lazy and corrupt politicians who contested elections in...
AdminMar 15, 20161 min readIt is cheaper to import oil than refining locally – KachikwuThe Minister said until the upgrade and total refurbishment of the refineries are concluded, as well as ensuring that the pipelines are...
AdminMar 13, 20162 min readFG will be ruthless against pipeline vandals, power infrastructure saboteurs – Lai MohammedIn a statement issued in Abuja on Sunday, the Minister of Information and Culture, Alhaji Lai Mohammed, said the repeated attacks on oil...
AdminFeb 23, 20161 min readNavy confirms arrest of six hijackers, recovers oil tankDAILY POST recalls that the Navy yesterday, arrested six suspected pirates who seized the oil tanker. Parading the suspects, the Chief of...
AdminFeb 11, 20161 min readNnimmo Bassey: Oil, power and environment in the 2016 National BudgetPETROLEUM RESOURCES With the budget still largely predicated on crude oil revenues, an unpredictable and increasingly negative resource,...
AdminFeb 10, 20161 min readNNPC says oil benchmark to stabilise by AprilThe Group Executive Director, Finance, NNPC, Isiaka Abdulrazak, stated this while briefing the Senate Committee on Finance in Abuja on...
AdminJan 13, 20161 min readOil prices rebound after falling below $30However, experts have warned that prices will remain fragile. “The supply and demand landscape for oil continues being bearish as prices...
AdminJan 11, 20161 min readNiger Delta youths threaten to shut down oil firm over sack of 46 workersThe group, while expressing worry over the level of suffering which families of the disengaged staff of the company were facing, said it...
AdminDec 12, 20152 min readNNDC to commence oil, gas exploration in North-East by 2016This was disclosed on Friday by the Chairman of the company, Alhaji Bashir Dalhatu, while briefing newsmen at NNDC’s 47th Annual General...
