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$1.1bn Malabu Scandal: Groups oppose to out-of-court settlement
The Human and Environmental Development Agency (HEDA) as part of ongoing investigation into the controversial $1.1bn OPL 245 deal popularly known as Malabu scandal, has written the Netherlands Minister of Justice, expressing concerns over!-->…
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Dozens feared dead after leaking oil tanker explodes in C/River
An overturned oil tanker exploded in Odukpani, Cross River State, South Southern Nigeria, while dozens of people were scooping up the leaking fuel, killing at least 12 people, police and witnesses said, with locals putting the number many!-->…
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Dangote Refinery takes delivery of gigantic distillation component in Lekky
Reports have it that Dangote Refinery has taken delivery of a gigantic distillation component.
It is learnt that the component is one of the biggest in the world as the refinery is billed to start producing PMS and allied products later!-->!-->!-->…
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Oil, gas operators increasingly flouting regulations, safety rules – DPR, NNPC
Department of Petroleum Resources, DPR, yesterday, disclosed that operators in the downstream segment of Nigerian petroleum industry are increasingly flouting Standard Operating Procedures in the sector.
Similarly, Nigerian National!-->!-->!-->…
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Regularize illegal outlets or face sanctions, DPR warns filling stations, Gas plants Operators
By Danlami Nasir Isah
The Department of Petroleum Resources (DPR) on Thursday, declared that it shall take necessary actions against any illegal retail outlets, including filling stations and gas plants, at the end!-->!-->!-->!-->!-->…
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Nigeria to crash LPG price, grow domestic consumption
By Yange Ikyaa
The Nigerian National Petroleum Corporation (NNPC) is set to implement an effective commercial framework that would halt the export of propane and butane, which are major components in the production of Liquefied!-->!-->!-->!-->!-->…
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Overhaul, amend NCMDB Act to achieve result, NUPENG tells Buhari
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has told President Muhammadu Buhari, that only a total overhauling and amendment of Nigeria Contents Monitoring and Development Board, NCMDB, Act will make it achieve the aim and!-->…
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Nigeria lost $2.8bn to oil-related crimes in 2018 – UN report
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 on the activities of the United Nations Office for!-->!-->!-->…
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OMS Demands FG’s Probe Of Trans Forcados Pipeline Mgt
…raises the alarm over blackmail, defamation
Ocean Marine Solutions Limited (OMS), a leading asset company dedicated to protecting the nation’s strategic assets, has tasked the Federal Government to investigate the management of Trans!-->!-->!-->…
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Militia bombs Bayelsa Oilfield (update)
An oil field operated by Conoil at the weekend exploded and went up in flames at Koluama, Southern Ijaw Local Government Area, Bayelsa State.
A group, which identified itself as the Koluama Seven Brothers (KSB), claimed responsibility!-->!-->!-->…
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