oil

NNPCL, NOSL begin oil production in Akwa Ibom

NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPCL’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary…

5 days ago

EFCC probes 11 oil thieves in Lagos

The Economic and Financial Crimes Commission (EFCC) says it has commenced an investigation of 11 suspected oil thieves and one…

4 weeks ago

NNPCL, partner begin oil production at Madu Field, target 20,000bpd

The Nigerian National Petroleum Company Limited (NNPCL) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development…

4 weeks ago

Libya’s oil minister suspended over fraud

Libya's oil and gas minister in the Government of National Unity (GNU), Mohamed Aoun, has been temporarily suspended from work…

2 months ago

NNPCL to EFCC: Help us in fight against oil theft

The Nigerian National Petroleum Company Limited (NNPCL) has appealed to the Economic and Financial Crimes Commission (EFCC) to help tackle…

2 months ago

EFCC quizzes 11 oil thieves in Rivers

The operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission (EFCC) have commenced an investigation…

2 months ago

Tinubu signs executive orders on oil, gas reforms

President Bola Tinubu has issued policy directives to improve the investment climate and position Nigeria as the preferred investment destination…

2 months ago

Oil prices increase after OPEC+ extends output cuts

Oil prices increased slightly on Monday, March 4, 2024, after OPEC+ members, on Sunday, announced an extension to oil production…

2 months ago

Fuel queues: FG appeals as oil marketers down tools

The Federal Government has promised to address the concerns of oil transporters and distributors to ensure smooth distribution following the…

3 months ago

Tinubu orders AGF, EFCC, others to clear cases on $1.3bn oil bloc

President Bola Tinubu has ordered the Attorney-General of the Federation (AGF), Lateef Fagbemi, to clear court cases on the $1.3…

4 months ago

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