Category: Oil and Gas

Oil Theft: ‘Nigeria loses $150m every two days’

The Nigerian National Petroleum Company Limited Chief Financial Officer, Umar Ajiya, said the country loses...

2023 budget: FG projects 1.69m oil barrels daily

Ahead of the presentation of the 2023 budget to lawmakers, a report has revealed that...

Nord Stream gas leak has stopped, says spokesman

The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an...

Oil price drops to $86/barrel

The worldwide price of Brent, the global benchmark for crude, Sunday dropped to $86 per...

UAE to supply Germany with gas, diesel

The United Arab Emirates agreed Sunday an “energy security” deal with Germany to supply liquefied...

TotalEnergies boosts Qatar’s gas expansion with $1.5bn

France’s TotalEnergies on Saturday signed a further $1.5 billion investment in Qatar’s natural gas production...

EFCC, ICPC should probe oil theft not lawmakers – Falana

Human rights activist and Senior Advocate of Nigeria, Femi Falana said it is not the...

600,000 barrels of crude oil stolen daily – NUPRC

The Executive Commissioner, Corporate Services and Administration in Nigerian Upstream Petroleum Regulatory Commission, Mr Jide...

Oil theft: PENGASSAN finger military, others

The Nigerian Army and other security outfits have been accused in the oil theft skirmish...

FG loses N32bn to oil terminals shutdown daily

A recent report has revealed that Nigeria loses as much as N32 billion daily as...

Nigeria, Morocco commence 5,600km gas pipeline project

Nigeria and Morocco have formally commenced the construction of the long-awaited 5,600km Nigeria-Morocco Gas Pipeline...

Shell CEO Ben van Beurden to resign 2023

Shell announced that CEO Ben van Beurden will step down at the end of the...

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