Military Pledges Full Support as FG Seeks End to Oil Theft, Raises Output

*Security forces plan security summit in Niger Delta *Lokpobiri: Quickest way to revamp economy is to produce, sell more crude  CHIGOZIE  AMADI The Nigerian military yesterday pledged...

Lokpobiri: Nigeria Has Lost $34bn in Oil Output Decline from Delayed Seplat-ExxonMobil Deal

•Says production from assets fell to 120,000bpd, from 600,000bpd  •Insists country’s output could rise to 5mbpd in 18 months Chigozie  Amadi Minister of State for Petroleum Resources...

In Major Move, Dangote Crashes Diesel Price to N1,000/litre from N1,200

Chigozie  Amadi In a move that has been described as ‘unprecedented’ ,  the Dangote Petroleum Refinery yesterday announced a further reduction of the price of...

Military aircraft bomb illegal refining sites in Rivers

Military aircraft bomb illegal refining sites in Rivers Chigozie Amadi The air component of Nigeria’s military’s special taskforce, “Operation Delta Safe’’ bombarded several illegal oil refining...

We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri

We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri Chigozie  Amadi The Federal Government says measures are being put in place to...

Niger, China seal crude oil deal worth $400m

Niger, China seal crude oil deal worth $400m   Chigozie Amadi Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp...

Varsity advocates gradual energy transition

Varsity advocates gradual energy transition Chigozie Amadi A new report on the ‘Implications of Oil and Gas Transition to the Nigerian Economy’ has called for a...

Crude oil prices fall amid low gasoline demand

Crude oil prices fall amid low gasoline demand   Chigozie  Amadi The prices of Brent Crude price oil have dropped at the international market from $87.61 on Tuesday...

I’ll do everything to ensure oil production increases – Tompolo

I’ll do everything to ensure oil production increases – Tompolo CHIGOZIE AMADI Dr Government Ekpemupolo, alias Tompolo has pledged to do everything possible to ensure that...

Subsidy removal: Petrol import crashes by 990million litres monthly

The Minister of Information and National Orientation, Mohammed Idris, on Wednesday, said the importation of Premium Motor Spirit, popularly called petrol, into Nigeria has...
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