crude oil

Eni Signs Agreement To Sell Nigerian Subsidiary NAOC Ltd To Oando Plc

September 04, (THEWILL) - Eni – Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange - has announced the signing of an agreement with Oando Plc for the sale of Nigerian Agip...

Nigeria’s Crude Oil Production Hits 1.67mbd As Petrol Consumption Falls By 30% – NNPCL

September 02, (THEWILL) - Nigeria’s crude oil production including condensate, has increased to 1.67 million barrels per day. The Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, disclosed this on Friday, in Abuja. Nigeria’s crude...

Oil Prices Set For A Second Consecutive Weekly Drop

August 27, (THEWILL) - Crude oil prices started trade Friday with a gain but were set for another weekly decline as the U.S. dollar rose further and supply concerns eased, Oil Price.com reports. Brent crude was trading at over $83.88...

Wabote Advocates Corporate Governance For Indigenous Oil Firms, Lauds Aradel Holdings

Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has...

Endless Refinery Repairs: Who Accounts For Billions Expended?

President Bola Tinubu on August 2, 2023 gave his commitment to the leaders of Organised Labour that the Port Harcourt Refinery will start production by December. He said this would be after the completion of an ongoing rehabilitation contract...

Bayelsa Raises Alarm Over Environmental Impact Of Oil Exploration

The Bayelsa State Government has expressed dismay at the extent of damage that oil exploration has caused and the attentant neglect by international oil companies (IOCs) operating in the Niger Delta. The Commissioner for Environment, lselema Gbaranbiri, made this known...

Gov Diri Restates Call On Oil Firms, Corporate Bodies To Invest In Sports

July 10, (THEWILL) - Governor Douye Diri of Bayelsa State has restated the call for oil companies, operating in the state and corporate bodies, to invest in sports development. He made the call at the closing ceremonies of the 3rd...

Security Operatives Intercept Oil-Theft Syndicate In Delta

July 10, (THEWILL) - Security operatives have intercepted an oil-theft syndicate, operating in the Niger Delta. Although details about the development are sketchy, Arise Television reported on Monday that the Syndicates were intercepted in the Oporoza area of Delta State. Earlier...

Senate Steps Down Motion to Probe Moribund Refineries After Buhari

July 05, (THEWILL) - The Senate Wednesday rejected a motion seeking to investigate the moribund conditions of the nation’s refineries despite spending several trillions of naira on their maintenance. This is coming barely two months after former president Muhammadu...

Oil Income: Nigeria Earns Least Per Capita Among OPEC Group

July 05, (THEWILL) - Nigeria earns the least in terms of per capita among the Organization of Petroleum Exporting Countries (OPEC) group, recording $51 income for each of her citizens in the first five months of 2023, according to...
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Lack Of Love Not Enough – Akwa Ibom Court Rejects Divorce Petition After 43-Year Marriage

An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
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