NDGJM militants relentless in attacks on NPDC pipelines

A military spokesman said on Saturday, that attackers set fire to a crude oil pipeline in Nigeria's restive Niger Delta, the second strike in the...

OPEC says Nigeria, four oil exporters hit by falling currency value

The Organisation of Petroleum Exporting Countries (OPEC) has said that five oil exporting countries, including Nigeria,  Angola, Venezula,  Azerbaijan, and Russia are mostly affected...

Shell, Seplat, others shut down production due to vandalism

Shell Petroleum Development Company (SPDC), Seplat Petroleum Development Company and four other  Nigerian companies comprising Shoreline Resources Limited, Neconde, First Hydrocarbon Nigeria (FHN) and...

Oando in talks to help Eni in fixing Port Harcourt refinery

Nigerian oil firm Oando said on Monday it was in talks to work with Italian energy company Eni to rehabilitate one of the West...

Kerosene subsidy returns

The latest data from the pricing templates of the Petroleum Products Pricing Regulatory Agency (PPPRA) has shown that the Federal Government on Thursday commenced...

OER enters into agreement with Oando Plc for acquisition of OER minority shares

Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that...

NNPC says it paid N56bn into federation account in April

The Nigerian National Petroleum Corporation (NNPC) in it's Monthly Financial Report released in Abuja on Thursday said it paid N56.22 billion into the federation...

Govt warns shipping firms against payment of ransom to pirates

The Federal Government has advised cargo ships, especially those servicing multi-national oil firms, to desist from making provision for ransom when sailing through the...

NNPC outlines new plans to end lingering fuel scarcity

The Nigerian National Petroleum Corporation ( NNPC) has outlined plans to resolve the lingering fuel crisis which has crippled socio-economic activities in the country...

NUPENG urges marketers not to hoard fuel

National Union of Petroleum and Natural Gas Workers (NUPENG) logo The National Union of Petroleum and Natural Gas Workers (NUPENG) Sunday appealed to  petroleum marketers...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...