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PIB: Wike Advocates for 10 Percent Revenue Allocation to Oil Bearing States
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    PIB: Wike Advocates for 10 Percent Revenue Allocation to Oil Bearing States
    Oil

    PIB: Wike Advocates for 10 Percent Revenue Allocation to Oil...

    March 7, 202101281

    Governor Nyesom Wike of Rivers State The Governor of Rivers State, Barrister Nyesom Wike, advocated that the Petroleum Industry Bill (PIB), currently

    Oloibiri Lecture: SPE to deliberate on way forward for Oil and Gas industry
    Oil

    Oloibiri Lecture: SPE to deliberate on way forward for Oil a...

    March 5, 202101800

    L-R:Events Manager, SPE Nigeria Council, Mr. Udochukwu Akunna; Chairman, Engr. Olatunji Akinwunmi and Vice Chairman, Prof. Olalekan Olafuyi at the pre

    OPEC+ Deal to Boosts Oil Prices Despite Inflation Fears
    Oil

    OPEC+ Deal to Boosts Oil Prices Despite Inflation Fears

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    Oil prices jumped higher Thursday after OPEC+ countries allowed crude production to rise only slightly, while US stocks unwound over concerns about ri

    ExxonMobil Curbs Spending Plans, Reveals Path to Lower-Carbon Future
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    ExxonMobil Curbs Spending Plans, Reveals Path to Lower-Carbo...

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    Oil major ExxonMobil has revealed its capital spending in 2021 will be in the range of $16 billion to $19 billion as well as its plans to focus on dev

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    Fuel Scarcity: Roadside sellers resurface in FCT

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    Following scarcity in some part of Abuja metropolis, roadside sellers are making quick business using the current situation to make money through blac

    Dangote Refinery: A Panacea to Nigeria’s Petrol Import
    Oil

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    The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, during an inspection tour of the US$15bn Dangote Refinery, Petrochemicals Complex F

    DPR warns marketers against hoarding of petroleum products
    Oil

    DPR warns marketers against hoarding of petroleum products

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    Oil

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    …Cautions against Hoarding, Panic Buying Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, t

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    SEPLAT maintains dividend paying policy despite challenging ...

    March 1, 202101404

    … Shareholders get $58 million in 2020 full year  Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indepe

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    Oil

    National Assembly Members on Assignment tour to refineries

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    -By Felix Douglas The National Assembly (NASS) is working assiduously through Senate towards having a legislation that will trigger the attainment of

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