News

*Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria and Africa need more investment in fossil fuel exploration to guarantee energy security and finance energy […]

Port Harcourt — The Centre for Environment, Human Rights and Development, CEHRD, has urged the Federal government to prevail on Shell, to restore the Niger Delta environment to the way it was pre-oil exploration activities […]

Oritsegbubemi Omatseyin Lagos — The Nigerian National Petroleum Company Limited, NNPC, and its joint venture partner in the Awoba Unit Field, Newcross Exploration and Production Limited, have restarted production from the field, which last contributed […]

*Madu oilfield Oritsegbubemi Omatseyin Lagos — The Nigerian National Petroleum Company Limited,NNPC, and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited, First E&P, have commenced oil production from the asset […]

Oritsegbubemi Omatseyin Lagos — A Nigerian Content Non-Compliance, NC-NC, Remediation Training Programme of the Nigerian Content Development and Monitoring Board, NCDMB, in collaboration with Green Energy, has kicked off in Yenagoa, Bayelsa State, with 20 Nigerians drawn from all over […]

Stocks tumbled on Friday, oil briefly jumped more than $3 a barrel and safe-haven government bonds rallied. Moves were relatively modest, but the heightened tensions inject fresh uncertainty and fuels concern that high oil prices […]