Fifteen crew members on board a Maltese-flagged oil tanker have tested positive to COVID-19, and two crew members have been hospitalized, but they are...
The Nigeria Extractive Industries Transparency Initiative,( NEITI) has cautioned the three tiers of government on the need to exercise some restraint in their expenditure...
The Nigerian National Petroleum Corporation (NNPC) is planning to stop the export of propane and butane anchored by its Crude Oil Marketing Division to...
Oil marketers have issued a seven-day ultimatum, demanding the Federal Government to settle their outstanding debts, totaling N800 billion.
In a statement the oil marketers...
Nigeria loses about 2.5 billion dollars annually from gas flaring in the country according to Mr Chinedu Onyeizu, Chief Executive Officer, AfriPERA, an Energy...
Brent crude oil prices hit their highest level since November 2014 yesterday ahead of U.S. sanctions against Iran.
Brent sweet crude oil futures rose to...
The National Executive Council has mandated the Nigerian National Petroleum Corporation, NNPC, to work with the Ministry of Finance to determine the actual daily...
The Nigerian National Petroleum Corporation (NNPC), says it has activated measures to ensure that the prevailing stability in the supply and distribution of petroleum...
Petroleum marketers have told the Federal Government that they would be abdicating their role of importing petroleum products.
At the meeting they had with the...
Immediate past Executive Secretary/CEO, of the Nigerian Shippers’ Council, Barr. Hassan Bello, has bagged the National honour of Officer of the Order of the...
Four people have died after a tourist boat capsized during a storm in Italy.
Authorities confirmed on Monday that bodies had been recovered from Lake...
President Bola Ahmed Tinubu, has said that his administration will review the Currency Swipe policy implemented by the Central Bank of Nigeria(CBN) .
He made...
President Muhammadu Buhari has conferred the Prestigious National Honours Award of the Commander of the Order of the Niger (CON) on the outgoing Transportation...