NIGERIA’S oil sector is in urgent need of salvaging. The drop in crude oil production from 1.32 million barrels per day in February to 1.23mbpd in March, per OPEC, means that output plunged by 91,000bpd. This translates to a loss…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday, said the nation’s oil and gas reserves has risen to 37.50 billion barrels as at January 2024, as against 37.046 billion it announced in May 2022. During a press conference in Abuja,…
Chairmen and vice chairmen of the eight local government areas of Bayelsa State elected during the April 6 Bayelsa Local Government Areas elections have received certificates of return from the Bayelsa State Independent Electoral Commission (BYSIEC). The commission, at the end…
WARRI — Stakeholders in Delta State and human rights activist, Femi Falana, SAN, said yesterday the Nigerian Army lacks powers to deprive Governor Sheriff Oborevwori and journalists access to Okuama community in Ughelli South Local Government Area, where gunmen killed…
Nigeria has yet to clear more than half of its scheduled crude oil cargoes for May as unsold crude oil starts to build up in the oil market. According to a report by Bloomberg, traders who specialize in West African…
A Niger Delta activist and Programme Coordinator of Social and Economic Justice Advocacy, Comrade Jerome-Mario Utomi, has lauded the “rancor-free relationship” between the present Barrister Chedu Ebie-led governing board of the Niger Delta Development Commission and the Samuel Oguku-led management…
Governor Douye Diri of Bayelsa State has sent a list of commissioner nominees to the state House of Assembly for confirmation. A letter containing the list of the nominees, dated April 5th, 2024, and personally signed by the governor, was…
Nigeria’s crude oil production witnessed the second consecutive monthly decline since the beginning of this year, as it dropped to 1.231 million barrels per day in March, the Organisation of Petroleum Exporting Countries stated on Thursday. OPEC disclosed this in…
Reports have emerged that a reporter with Channels Television, covering the Rivers State Government House, Joshua Rogers has been abducted from his residence in Rumuosi, Obio/Akpor Local Government Area of Rivers State on Thursday night. Rogers was reportedly trailed after…
The Nigerian Navy has arrested two suspected crude oil thieves, seizing one tank truck and a Mazda vehicle loaded with 1,300 litres of illegally refined products in Bayelsa state. The Commander of Nigerian Navy Ship (NNS) SOROH, Commodore Sunday Lakan, made…