A former presidential aide, Dr. Usman Bugaje, has claimed that almost 78% of crude oil in Nigeria belongs to the North. Bugaje, who can be controversial,...
Crude prices slumped on Thursday after Angola quit the OPEC oil cartel, while Wall Street stocks rebounded after a streak of records was snapped. The price...
In a bid to ensure that local refineries have enough feedstock for domestic refining, the Federal Government Wednesday threatened to sanction oil companies which fail to...
The National Security Adviser (NSA), Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite...
Nigerian Airforce fighter aircraft of the air component, Operation Delta Safe have bombed and destroyed 3 boats sighted tapping crude oil from a pipeline at a...
The Joint Task Force, Operation Delta Safe, OPDS, has ordered the immediate release of MT Praisel Vessel to continue it operations in line with extant approvals,...
The Nigerian Navy on Sunday said, the results of the laboratory analysis of the product onboard MT PRAISE conducted by all agencies including NMDPRA confirms that...
Nigeria’s crude oil output dropped by 38,102 barrels per day in March, translating to a cumulative loss of about 1,181,162 barrels in the month under review,...
Operatives of the Nigerian Navy in Delta State have arrested a suspected pipeline vandal together with five suspected crude oil thieves in the creeks of Niger...
Nigeria’s crude oil sales rose by 46.41 per cent to push Nigeria’s total export to N26.79tn in 2022. This is as total trade rose by 31.79...