Oil & Gas - Page 78

Oando Boss, Wale Tinubu, Says Business Suffering From Oil Theft, Reveal Losses

The Group Chief Executive Officer of Oando Plc, Wale Tinubu, said Nigeria’s Gross Domestic Product (GDP) is at risk of losing millions due to the crude oil barrels pumped by oil companies

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Oil And Gas Industry Is Under Siege – Last Speech Of Late OPEC Sec-Gen, Mohammad Barkindo

The oil and gas industry was hit with a shock following reports that Organisation of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Barkindo, passed away suddenly. Barkindo’s death came hours after he

Fakoyejo Olalekan

3 years ago

PIA Targets Daily Increase Of Nigeria’s Oil & Gas Production – NUPRC

One of the goals for drafting the Petroleum Industry Act (PIA) signed into law in 2021 was to increase daily production of oil and gas in Nigeria to meet energy needs and

Patience Leonard, PBA Journalism Mentee

3 years ago

Business·Oil & Gas

Crude Oil Falls Below $100, As American Firm Projects New Low

Brent crude oil fell on Wednesday below $100 after trading above the level since April last year. The depreciation in its price was driven by projected global recession in light of soaring

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

NNPC’s Kyari, CBN’s Emefiele Accused Of Frustrating Fuel Subsidy Investigation

The House of Representatives Speaker, Femi Gbajabiamila, criticised Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, and three others for failing to appear before the lawmakers. Nigeria’s green

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Crude Oil Price To Hit $45, As US Firms, Citigroup, Goldman Sachs Disagree Over Cost

American banks are divided over the future price of crude oil, as Citigroup and Goldman Sachs issue opposing forecast regarding the commodity that has skyrocketed to $102.9 per barrel globally. Since trading

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Lai Mohammed Reveals Why Buhari Can No Longer Remove Fuel Subsidy

The Nigerian government has revealed why the removal of petrol is impossible at this period, while also disclosing the routes oil thieves are using to steal millions of barrels produced by the

Fakoyejo Olalekan

3 years ago

Eroton Blames Oil Spill On Vandals

The spokesperson explained that during Joint Investigative Visits (JIV) conducted by the company, it was found that the entire valves on the Christmas Tree, wellhead accessories such as the control valves, tree

Victor Ezeja

3 years ago

NCDMB Partners Shell, Exxon Mobil, Agip In Oil & Gas Parks – Wabote

development of the Nigerian Oil and Gas Parks Scheme

Victor Ezeja

3 years ago

Business·Latest News·Oil & Gas·Top Stories

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

The Nigerian National Petroleum Corporation (NNPC) has been accused by the House of Representatives member, Sergius Ose-Ogun, of using the subsidy regime to divert about $10 billion. $10 billion, going by the

Fakoyejo Olalekan

3 years ago

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Oil & Gas - Page 78

Oando Boss, Wale Tinubu, Says Business Suffering From Oil Theft, Reveal Losses

Oil And Gas Industry Is Under Siege – Last Speech Of Late OPEC Sec-Gen, Mohammad Barkindo

PIA Targets Daily Increase Of Nigeria’s Oil & Gas Production – NUPRC

Crude Oil Falls Below $100, As American Firm Projects New Low

NNPC’s Kyari, CBN’s Emefiele Accused Of Frustrating Fuel Subsidy Investigation

Crude Oil Price To Hit $45, As US Firms, Citigroup, Goldman Sachs Disagree Over Cost

Lai Mohammed Reveals Why Buhari Can No Longer Remove Fuel Subsidy

Eroton Blames Oil Spill On Vandals

NCDMB Partners Shell, Exxon Mobil, Agip In Oil & Gas Parks – Wabote

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

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