ENDING half a century of unproductive exploration, in 1956, Nigeria discovered oil in commercial quantities in the Niger Delta. The industry has since grown...
VICE President Yemi Osinbajo, has admitted that the federal government still pays subsidy on petroleum products, despite insisting for a long time, and even...
By Oladeinde Olawoyin
THE federal government illegally diverted $1.05 billion (N378 billion at N360 to a dollar) sourced from the Nigerian Liquefied Natural Gas (NLNG) dividend funds...
The Minister of State for Petroleum, Dr Ibe Kachikwu, was on Thursday conferred with multiple honours, including the honorary citizenship of the State of...
Donald Trump’s withdrawal from the Iran Nuclear deal immediately triggered a rapid increase in the price of crude oil in the international market. This...