Oil& Gas
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Oil prices fall as OPEC meeting begins
Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by the…
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We Have Invested N14.86 Billion in Rivers – Shell
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has stated that out of the over N41billion disbursed for community…
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Subsidy fund: NNPC denies holding $3.5bn
The Nigerian National Petroleum Corporation (NNPC) has denied claims that it has in its custody 3.5 billion dollars Subsidy fund.…
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NNPC to establish 2 additional refineries in Port Harcourt, Warri
The Nigerian National Petroleum Corporation (NNPC) says it has plans to establish 100,000-barrels-per-day brownfield refineries in Port-Harcourt and Warri to…
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NNPC prosecute fuel marketers, hawkers
The Nigerian National Petroleum Corporation (NNPC) has stepped up the arrest and prosecution of erring fuel marketers and hawkers across the country.…
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Rivers State, Shell Nigeria Gas sign MoU on gas supply to industries
The Rivers Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of gas…
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Oil prices jump above $65 per barrel
Brent crude oil prices jumped above $65 per barrel after the shutdown of the Forties North Sea pipeline knocked out…
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Shell sued in UK over alleged $3.6b compensation
Oil spill victims under the aegis of Oil Spill Victims Vanguard (OSPIVV) have initiated a lawsuit in the United Kingdom…
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Average price for petrol drops, kerosene increases – NBS
The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 per cent year-on-year, the Nigeria Bureau…
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Corporate Policies: Belemaoil, RIVPA partner to sensitize host communities
The Head of Corporate Communication, at Belemaoil Producing Limited, Samuel Abel -Jumbo, says accumulation of expectation by host communities is…
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