Matrix Energy Limited, an indigenous oil company, has filed suits in the Federal Capital Territory High Court seeking N20 billion in damages over reports linking it...
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), issued an update on recent divestment activities involving International Oil Companies (IOCs) on Monday, stating...
The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the end of the fiscal year that...
By Chuks Eke Chief Rommy Ezeonwuka, a member of the Board of Trustees of the All Progressives Grand Alliance (APGA, has tasked the Federal Government with...
The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen has appointed seven members of the House to the Joint Senate/House Committee charged with investigating...
The Tinubu Stakeholders Forum (TSF) has expressed support for the Federal Executive Council’s (FEC) recent directive authorising the direct sale of crude to Dangote Refinery and...
The Energy Reform Group (ERG), a stakeholder in the oil and gas sector, has criticised what it calls industry anomalies. In a statement released on Tuesday,...
The House of Representatives has commenced a thorough inquiry into the oil and gas crisis, focusing on the crude oil supply chain and the quality of...
The Nigerian Maritime Administration and Safety Agency (NIMASA) reported a fire on a drilling vessel platform, Britania U, at Ajakpa Field (OML 90), 10.77 nautical miles...
Oil prices settled lower on Friday as the rising possibility of a ceasefire deal in Gaza outweighed strong summer fuel demand and potential supply disruptions from...
