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Sustained economic sabotage by vandals on Nigeria’s oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production, operator Aiteo Eastern Exploration and Development Limited said on Sunday.... Read more via oglinks News – https://ift.tt/2KsSL1J Get more: Nigeria...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the legally recognised fines for stealing Nigeria’s crude oil have remained abysmally poor, amounting to either N100 or N5,000, according to two separate laws in the country. .... Read more via OGLinks News –...

Sir: Mele Kolo Kyari, the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) has promised to revive Nigeria’s four state-owned refineries, bring to an end the recurrent fuel scarcity and fuel importation as well, before the end of … Read more via OGLinks...

Abuja — The new Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, thursday disclosed that the petroleum price of N145 per litre obtainable in Nigeria is the cheapest in the West African sub-region. Kyari, who spoke yesterday evening … Read more via...

The death toll of a pipeline explosion at Ijegun, a suburb in Lagos, Nigeria’s economic hub has risen to 12, an official said. The tragedy occurred last Thursday after some vandals tried to escape with a tanker … Read more via OGLinks News | Personalized Oil and Gas News –...