PDP squandered $500 billion oil earnings in 16 years – Buhari
The president says he is aware people complain of his slow pace.
Shell wins Nigeria Oil and Gas Industry games for record third time
“I’m excited at the performance of the team for making us proud,” said Osagie Okunbor, Managing Director, SPDC.
Osinbajo calls for greater cooperation among African countries in oil sector
Mr. Osinbajo reiterates the determination to create enabling environment for investors.
Nigeria’s performance in oil, gas wealth management poor – Report
The report observes ‘mild changes’ particularly in the passage of the PIG Bill.
Petroleum Summit: Pricing major issue affecting oil industry – Kachikwu
”Nigeria must aim to be the refining corridor for Africa. That is becoming very critical.”
Oil blocks are ‘ancestral properties’ of Niger Delta — Gov. Dickson
The governor tells President Buhari to give more blocks to the region.
Fuel subsidy fraud: Appeal Court reverses conviction of Ontario Oil and Gas boss, others
A High Court had found Walter Wagbatsoma, Adaoha Ugo-Nnadi, and Ontario Oil and Gas guilty on eight counts.
Suspect involved in alleged N7.3 billion oil fraud faints in court
The suspect had fainted before another judge.
Siting modular refineries in oil, gas free zones will aid investment – Nigerian exporters
The group says the move will help diversify the nation’s economy..
NEITI laments lawmakers’ poor use of oil, gas industry audit findings
The official says past NEITI reports contain detailed information and data.
How we will spend extra income from rising oil prices — Buhari
Budget 2018 provisions was predicated on $45 per barrel
NNPC shortchanging Nigerians in oil revenue remittances — Governors
Governors meet with the president on the matter.
Oil rises towards $80 on US crude inventory drop, weaker dollar
Oil prices rallied to three-year high, boosted by a record 10th straight weekly decline in U.S. crude inventories.
Oil prices rise to $70 on strong economy amid OPEC cuts
Spot Brent crude oil futures were at 70 dollars a barrel at 0102 GMT, up 4 cents from their last close.
How PIGB will end fuel scarcity, ensure oil industry transparency – Saraki
The two chambers of the National Assembly have now passed the PIGB.
Four states seek action on oil exploration in Sokoto- Tambuwal
The governor says the exploration will be beneficial to Nigeria.
Oil, gas agency plans to fund recurrent expenditure from IGR
Agency says it intends to start paying its staff salaries, overheads.
254 firms bid to lift Nigeria’s crude oil in 2018/2019
In 2017, 224 firms participated in a similar process.