Category: Nigeria

France’s Total will officially endorse a decision to proceed with the development of a new project offshore Nigeria, the Ikike project, Patrick Pouyanné, the chief executive of the oil and Continue Reading

Country loses estimated N995.2bn annually A new report on the age-long crude oil theft in Nigeria has revealed how International Oil Companies (IOCs) in the Niger Delta region steal and Continue Reading

Nigeria ranks among the top 10 cheapest petrol selling countries in the world, a policy group has revealed in its latest report. In its report released on 15 January, the Continue Reading

Nigerian presidential hopeful Atiku Abubakar on Wednesday branded the state-run oil company a “mafia organisation” and pledged to privatise it if he is elected. Abubakar said he had tried to Continue Reading

The Nigerian National Petroleum Corporation (NNPC), bemoaned the rising incidents of pipeline vandalism across the country, stating that in October 2018, its pipeline network suffered a 42.9 per cent increase Continue Reading

The Dangote Oil Refining Company (DORC) Limited, said it took delivery of one of the major components of its refinery equipment; the regenerator for the residual Fluid Catalytic Cracker last Continue Reading

The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General Continue Reading

Chineme Okafor reviews a new report that revealed that Nigeria’s petroleum products pipelines are in a state of disrepair and need to be fixed or replaced The outcome of a Continue Reading

Suspected militants may have renewed hostilities against oil companies operating in the Niger Delta. For example, a group yesterday claimed it was behind the attack on an oil pipeline at Continue Reading