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Military urges pipeline metering, as Nigeria loses billions to oil theft

The Defence Headquarters has renewed its call for the metering of crude oil pipelines across Nigeria to combat the perennial problem of oil theft.Director...
News

FG targets 4m bpd oil production by 2030

The federal government has announced that it is looking forward to no less than 4 million barrels per day oil production and 10bcf of...
News

Oil spill: Niger Delta still underdeveloped after 10 years – Expert

Executive Director of Stakeholder Democracy Network (SDN), Adam Heal, has lamented that despite concerted efforts, there has been no significant improvement in addressing oil...
News

Can CBD Oil Relieve Aches and Pains?

Managing pain can be difficult sometimes due to certain reasons such as potential side effects of conventional painkillers or drug resistance. That’s when CBD...
Business

Brent crude oil trades above $85 for a third straight session

West Texas Intermediate crude for April delivery edged up by 28 cents, or 0.4%, to $81.32 a barrel on the New York Mercantile Exchange.May...
News

Oil theft: N/Delta Group passes vote of confidence on Navy, CNS, Ogalla

The group specifically acknowledged the bravery of the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla and his team in waging war against the...
Business

Angola to exit OPEC over quota row

Oil producing country, Angola, a key member of the Organization of the Petroleum Exporting Countries (OPEC) since 2007, has declared its intention to leave...
Business

Africa’s 2024 oil production output bleak- Report

With the Organization of Petroleum Exporting Countries(OPEC), considering making further voluntary production cut to stabilize the global oil market a new report has predicted...
Politics

Oil alone can’t make Nigeria rich, Sanusi says, proffers solutions to economic recovery

Former Governor ofthe Central Bank of Nigeria (CBN) and the 14th Emir of Kano, Sanusi Lamido Sanusi, has given a recipe for Nigeria’s economic...
Business

Nigerian govt targets 2 million bpd output by December

The Minister of State for Petroleum Resources, Heineken Lokpobiri, said on Friday the Federal Government planned to increase crude oil production to two million...
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