ExxonMobil drags PENGASSAN to Arbitration Court
By Timothy Oyomare Mobil Producing Nigeria Unlimited (ExxonMobil) has dragged the Petroleum and Natural Gas…
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Shell, Chevron, Agip, others join strike in solidarity with ExxonMobil
By Timothy Oyomare In compliance with the directive of the Petroleum and Natural Gas Senior…
Oil output cuts extended till 2018
Saudi Arabia and Russia have agreed to extend oil output cuts until March 2018. This…
No job loss, Mobil employees assured
By Ifeanyi Mbagwu Employees of Mobil Oil plc has been assured that the recent acquisition…
Tanker drivers’ strike: NNPC to meet with union leaders Monday
The leadership of the state oil firm, NNPC, has scheduled a meeting with striking tanker…
Oil Hits All Time High in 2016 at Over $43 Per Barrel
Oil price at the international market jumped above $42 a barrel on Friday, March 18,…
FG To Diversify Electricity Generation Using Nuclear Energy
The Federal Government says it will diversify the nation’s electricity generation using nuclear energy. This…
NNPC admits owing Federation Account N326bn
The Nigerian National Petroleum Corporation has denied failing to remit N3.325tn to the Federation Account.…
Non-oil Exports Revenue Dips by 58% to $4.3billion
The Central Bank of Nigeria, CBN, has disclosed that the revenue from non-oil exports dropped steeply…
NERC Receives Over 47,127 Complaints Lodged Against Discos
The Nigerian Electricity Regulatory Commission, NERC, has announced that it received over 47, 127 service complaints…