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07 October 2014, Sweetcrude, Vienna, Austria — The price of OPEC basket of twelve crudes stood at 90.40 dollars a barrel on Monday, compared with $90.33 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan...

07 October 2014, Lagos – The Military has arrested 50 persons suspected of vandalising pipelines at Majidun area of Ikorodu in Lagos.About 100 canoes...

06 October 2014, Abuja – Audit report on $10.8bn allegedly missing from the coffers of the Nigerian National Petroleum Corporation will be ready...

06 October 2014, Abuja – After the Sallah break, the House of Representatives will commence investigations of a Shell-operated N700 billion gas...

06 October 2014, Abuja – As the power sector investors await the disbursement of the N213 billion interventionist fund announced by the Federal Government...

05 October 2014, Uyo – Governor Godswill Akpabio of Akwa Ibom State has expressed concern over fourteen legal cases instituted against American oil...

05 October 2014, Lagos – For shareholders of Conoil Plc, the front line petroleum marketing business has been good. They made this submission recently...

05 October 2014, Lagos – The Asset Management  Corporation of Nigeria  (AMCON) saturday announced  Skye Bank Plc  as the preferred bidder for ...

04 October 2014, Lagos – More than half of the N171.32 billion ($1.1 billion) paid to Malabu Oil and Gas for the procurement of one of Nigeria’s...

Mr. Godwin Emefiele, CBN governor 04 October 2014, Lagos – The Asset Management Corporation of Nigeria (AMCON) has announced Skye Bank Plc as the...