Rivers oil facility fire successfully contained, says NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the fire outbreak on a dry crude storage barge at…
Browsing Tag
Oil
Oil prices set for weekly dip despite OPEC+ decision
Despite OPEC+'s decision to delay the rollback of its oil production cuts, oil benchmarks were heading for a weekly loss earlier…
Russia gives North Korea million barrels of oil, breaking sanctions, Report
Satellite imagery analysis by the UK-based Open Source Centre indicates that Russia has reportedly supplied North Korea with…
Oil thieves not happy with me – Tompolo
Government Ekpemupolo, popularly known as Tompolo, has alleged that influential individuals involved in oil theft are displeased…
Taxes, oil jack up FG’s revenue By 76% To N12.5tn — Budget Office
The Federal Government's earnings have surged by 76%, rising from ₦7.1 trillion in 2022 to ₦12.5 trillion in 2023, driven by…
Gov Ododo insists Kogi is oil-producing state, seeks 13% derivation
Kogi State Governor, Usman Ododo, has reaffirmed that the state remains an oil-producing region, following the discovery of crude…
Oil companies owe FG $6.17bn in royalties, taxes — NEITI
Oil companies’ indebtedness to the Federal Government in terms of royalties and taxes has risen to $6.175bn, according to an audit…
‘You have dealt a death blow to oil cabals’, Otedola hails Dangote
Billionaire businessman Femi Otedola has extended his congratulations to his friend and brother, Aliko Dangote, on the completion…
Gold hits record high, oil prices slide
Gold reached a record high on Friday as global stock markets showed mixed performance. Wall Street experienced profit-taking,…
Shettima asks investors to unlock potential in Nigeria’s non-oil sector
Vice President Kashim Shettima has urged a shift from oil dependency to other critical sectors with promising investment…