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Suspected Oil Thieves Abandon 1.8m Litres Of crude Oil In Rivers...

THE Nigerian Navy has said suspected oil thieves took to their heels and abandoned about 1.8 million litres of crude oil believed to have...

Crude Oil Prices Rises To $70

THE price of brent crude oil rose to 70 dollars a barrel on Monday. This was supported by ongoing output cuts led by OPEC...

Oil Prices Leap To $48 Per Barrel Over High Demand

CRUDE oil prices have risen to $48.77 per barrel, showing $3.23 in excess of Nigeria’s 2017 budget reference of $44.50 per barrel. The price of...

FG Directs Oil Companies To Relocate Headquarters To Niger-Delta

NIGERIAN Acting President, Prof. Yemi Osinbajo has coordinated the International Oil Companies working in the Niger-Delta locale to relocate their headquarters to their states of operation...

NNPC Releases 39 Bidders Bid For Nigerian Crude

THE Nigerian National Petroleum Corporation (NNPC) on Wednesday released names of 39 bidders for the sale and purchase of Nigerian crude for 2017/2018. Announcing the...