Nwoko seeks mandate to track, trace, recover stolen crude oil proceeds
By Deborah Coker, News Agency of Nigeria, Abuja Sen. Ned Nwoko (APC-Delta) has sought an expanded mandate to track, trace,…
OPEC Report: NGO hails Nigeria on production of oil
A non-governmental organisation, Ayudantes Empowerment Initiative (AEI) has hailed the Organisation of the Petroleum Exporting Countries (OPEC) report on Nigeria’s…
No directive was issued to NNPCL to increase petrol price to N1,000, says Lokpobiri
Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), has said that no directive was issued to the Nigerian National…
Oil Coy files suit against 2 media houses, seeks N20bn damages
An indigenous oil company, Matrix Energy Ltd, has filed suit before a Federal Capital Territory (FCT) High Court seeking N20…
Matrix Energy Group Denies Allegation of Importing Substandard Oil
The management of Matrix Energy Group, an indigenous and independent oil marketing and trading company, has said that it has…
Allow owners of natural resources greater say in their exploitation, SAN urges FG
By Ebere Agozie, NEWS AGENCY OF NIGERIA A Senior A Senior Advocate of Nigeria (SAN) Mohammed Ndarani says the Nigerian…
Price crude oil in Naira to strengthen currency, expert advises FG
A financial expert, Mr Okechukwu Unegbu, has advised the Federal Government to consider pricing the country’s crude oil, in Naira…
Reps to collaborate with military, others to tackle oil theft
The House of Representatives’ Special Committee on Oil Theft has promised to collaborate with the Nigerian Armed Forces and other…
Dangote Refinery begins registration of distributors
The management of Dangote Petroleum Refinery has commenced registration of distributors for its products, a statement by the outfit said…