Customs Intercepts 26,000 Litres of Smuggled Petrol Worth N40m in Cross River
The Cross River and Akwa Ibom States Command of the Nigeria Customs Service (NCS) says it intercepted 26,625 litres of…
Category: Crude Oil & Energy
Oil Falls on Mounting COVID-19 Cases, Supply Concerns
Oil edged lower on Friday, falling more than two per cent on the week as COVID-19 cases surged globally and…
British Supreme Court Hears Nigerian Farmers, Fishermen Case Against Shell
British Supreme Court on Tuesday heard an appeal from Nigerian communities against oil giant company, Shell over spills in the…
NUPENG, PENGASSAN Give FG Two-Day Ultimatum Before Commencing Nationwide Strike Over IPPIS
The Nigerian government oil workers have given their employer (FG) two-day ultimatum to address their needs. The oil workers, National…
Brent Oil Rises To $40 Amidst Hopes For Output Cuts, Recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers…
Larger Portion Of Nigeria’S Oil, Gas Wealth Yet Untapped — Total Boss
Mr Ahmadu Kida-Musa, Deputy Managing Director, Deep Water District of Total Exploration and Production Nig. Ltd., says there are still…