Labour Seeks Openness In Determining Fuel Price Template   Organized labour, Monday, canvassed openness and public participation in determining the petrol price template for the country, even as indications have…

FG To Reactivate Moribund Oil, Gas Support Facilities – DPR boss   Mr Sarki Auwalu, Director, Department of Petroleum Resources (DPR), says the Federal Government is committed to reactivating all…

Nigeria To Upgrade Oil Downstream Sector- DPR   The Department of Petroleum Resources (DPR) Wednesday said the Federal Government is making efforts to upgrade the downstream of the petroleum industry…

Oil Price Hits $60 Per Barrel As Iraq, Kazakhstan Cut Output   The price oil has risen to $60 per barrel in the international market as Iraq and Kazakhstan commit…

PIB: Host Communities Insist On 10% Equity Share By Taiye Lawal There are indications that the Petroleum Industry Bill (PIB) may suffer setback if the Federal Government fails to approve…

Dutch Court Orders Shell To Pay Nigerian Farmers Over Oil Spills   A Dutch court on Friday ordered Shell to pay compensation in a long-running case brought by four Nigerian…

Nigeria Will Maintain Its Position As Regional Leader In Oil And Gas Industry- Buhari   President Muhammadu Buhari Thursday declared that Nigeria will strengthen its position as regional leader in…

DPR Shortlists 161 Companies For Final Stage Of Marginal Oilfield Bid Round   The Department of Petroleum Resources (DPR) says 161 successful companies have been shortlisted to advance to the…

Nigeria Boosts Refining Capacity With New 5,000bpd Refinery   President Muhammadu Buhari has inaugurated a 5,000 barrel per day (bpd) refinery, and the groundbreaking for another 45,000 refineries expected to…

Communities Shut Down Operations Of OML 30 The Cluster Management Committee/President Generals Forum of Oil Mining Lease (OML) 30 in Delta, has shut down operations of Heritage Energy Operational Services…

FG Spends N8.9t On Subsidy In 10 Years – PPPRA The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil…

Oyetola Flags Off Osun Ethanol Bio-Refinery Factory The Governor of the state of Osun, Adegboyega Oyetola has said that his administration will leave nothing to chance in its determination to…