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OIL AND GAS
Senate Orders NNPCL Auditors 7 Day to Explain N210tr Unreconciled Figures
Senate Public Accounts Committee has issued a one-week ultimatum to external auditors of the Nigerian National Petroleum Company Limited (NNPCL) to account for more than N210 trillion in unreconciled figures contained in the company’s…
Kyari Declared Wanted by Senate Committee Over ₦210tn Audit Queries, Former CFO Fires Back
A dramatic session unfolded at the Senate on Wednesday as the Senate Committee on Public Accounts ordered the arrest of former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, over his…
Lawmakers, HOSTCOM Leaders Seek National Honour for Tompolo, Praise Tantita Over Oil Asset…
The Joint Retreat of the House of Representatives Committees on Host Communities (HOSCON) and Public Petitions has called on the Federal Government to confer high national honours on the leadership of Government Ekpemupolo-led…
JUST IN: UAE Announces Exit From OPEC
The United Arab Emirates (UAE) has announced it will exit the Organisation of Petroleum Exporting Countries (OPEC).
Suhail Mohamed al-Mazroue
The announcement is a devastating blow to OPEC as the organisation grapples with…
FG, NNPCL, Tantita, PIN Get Court Backing as Abuja High Court Rejects Bid to Halt Pipeline…
The Federal Capital Territory (FCT) High Court, Abuja, has dismissed a suit seeking to halt and restructure the renewal of the nation’s pipeline surveillance contract, describing it as contrary to national economic interests.…
PTD-NUPENG Confirms Mathias Ote as National Chairman, Urges Tanker Drivers to Shun Night Driving
The Petroleum Tanker Drivers (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas Workers has officially affirmed Comrade Mathias Ote as the substantive National Chairman of the PTD branch.
The decision was reached during the…
NNPC Reports Surge in Oil Output to 1.84m bpd, Credits Strengthened Pipeline Security
The Nigerian National Petroleum Company Limited has announced a significant increase in Nigeria’s crude oil production, attributing the milestone to enhanced pipeline security measures implemented across the Niger Delta region.
The Group…
Nigerian Navy Destroys Illegal Crude Oil Storage Site in Bonny, Seizes 17,500 Litres of Suspected…
By ThankGod Inalegwu
The Nigerian Navy has recorded another major breakthrough in its campaign against crude oil theft in the Niger Delta, following the discovery and destruction of a large illegal crude oil storage…
Senate Summons Ex-NNPCL Boss Kyari Over Alleged N210tn Unaccounted Expenditure
The Senate has summoned the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, over an alleged N210 trillion expenditure by the national oil company between 2017 and 2023…
Dangote Refinery Raises Petrol Gantry Price to N995 per Litre Amid Global Oil Market Pressures
By ThankGod Inalegwu
The Dangote Petroleum Refinery has increased its gantry price for Premium Motor Spirit (PMS), commonly known as petrol, to N995 per litre, marking a sharp rise of N221 within four days as…