Matrix Energy seeks court order against media houses over libel claims
An indigenous oil company, Matrix Energy Limited has filed a suit in…
FG threatens to revoke oil block licenses over inactivity
The Federal Government has issued a stern warning to companies and individuals…
Nigeria loses N636bn in oil revenue as production declines
Nigeria's monthly oil outputs have been consistently low since January 2024, resulting…
FG eyes $20bn deal to boost oil, gas production
The Federal Government has announced an ambitious plan to secure a groundbreaking…
Military task force discovers 50 illegal oil mining sites
The Joint Military Task Force, Operation Delta Safe, has uncovered a revelation…
Nigeria oil margin hits $37 in London trade
Nigerian oil margins per barrel increased slightly in London trade on Monday,…
Port Harcourt refinery resumes operation in April – NNPCL
The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele…