A 29-year old unemployed man, who allegedly stole cables and stabilisers valued at N1.51 million, was last Thursday arraigned in Lagos. The accused, Ibrahim Omotunde, who...
T he people of Ijegun- Imoren, a suburb of Lagos where an NNPC pipeline ruptured, spilling petrol have called on the Federal Government to compensate them....
T he Pipeline and Products Marketing Company (PPMC) last Thursday raised concern over the incessant pipeline vandalism across the country. The PPMC spokesman, Mr Nasir Imodagbe,...
A Federal High Court in Jos has sentenced two oil pipeline vandals to five years imprisonment each without an option of fine. The convicts, Emplo Asul,...
B rent rose to 108 dollars a barrel last Thursday as bitter cold across the northern Hemisphere boosted heating oil demand. However, the U.S. Federal Reserve’s...
The Federal Government has received kudos from the Trade Union Congress (TUC) over its decision not to sell the nation’s four refineries as earlier said. The...
The Petroleum Equalisation Fund Management Board (PEFMB), in Abuja, yesterday said it saved N14.433 billion through Project Aquila between January and November 2013. The Executive Secretary...
The Nigerian Security and Civil Defence Corps (NSCDC), in Akwa Ibom State has arrested one Romanio Effiong in connection with the seized 80 drums of products...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has said that the protection of oil pipelines should be the responsibility of security agencies...
Oil revenue money that had been frozen under international embargoes is set to start flowing to Iran from February 1, 2014, with a target to cap...