*Danger looms in water transportation in Apapa. Vincent Toritseju Lagos — There was tension yesterday at the MRS Oil Nigeria Plc, over the whereabouts of eight of its employees who were kidnapped on Monday, June […]
*ExxonMobil’s oil and natural gas platform offshore Nigeria London — Seplat Energy Plc remains committed to purchasing Nigerian oil and gas assets from ExxonMobil Corp. by completing a deal that’s been held up by the […]
*Oil spill-impacted site in Nigeria’s Niger Delta Mkpoikana Udoma Port Harcourt — The Youths and Environmental Advocacy Centre, YEAC-Nigeria, has urged the Federal Government as well as multinational and indigenous oil companies in the country to […]
*Crude oil barrels New York — Oil prices rose about 2% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, which offset worries that further interest rate hikes […]
*A fuel black market operator Lagos — Investigations have revealed that a vibrant fuel black market in Nigeria and its neighbouring countries have collapsed following the recent abolition of fuel subsidy in the country. The […]
Paris — Five activist groups have sued French oil major TotalEnergies (TTEF.PA) for a second time over its projects in Uganda and Tanzania in a Paris civil court, they said on Tuesday, after an earlier […]
*Crude oil production line At the meeting, chaired by the new Accountant General of the Federation, Dr Oluwatoyin Madein, the Federal Government received N301.89 billion, the states N265.88 billion and the local governments N195.54 billion. […]
*Hengli Petrochemical’s new refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018. REUTERS/Chen Aizhu – Ethylene, propylene capacity growth outpaces demand– Glut threatens Asian, European rivals– China’s producers […]
*President Bola Tinubu Lagos – Nigeria is owing trading houses up to $3 billion for fuel supplies under oil swap deals also known as Direct Purchase Direct Sale, DSDP. Reuters, quoting four traders and executives, […]
*Petrol tanker fire at Bridge bus-stop along Aba Road, Port Harcourt Mkpoikana Udoma Port Harcourt — A heavy fire from a 33,000 litres fuel tanker has razed Bridge bus-stop near First Artillery Junction, along Port […]
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