crude oil

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...

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...

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...

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...

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...

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...

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...

Nigeria owes up to $3 billion to supermajors and trading giants for the fuel-for-crude swaps via which Africa’s biggest oil producer has been importing fuel to meet domestic demand, Oilprice.com reports, quoting Reuters on Friday which cited executives and...

June 04, (THEWILL) - Nigeria alongside other OPEC and Non-OPEC members at the just concluded 35th Joint Ministerial Monitoring Committee (JMMC) meeting in Vienna, Austria, have agreed to a cut production volumes in order to ensure global oil...

May 26, (THEWILL) - Former Niger Delta militant commander and Ibe Ebidouwei of Ijaw Nation, High Chief Government Oweizide Ekpemupolo, also known as Tompolo, has lauded President Muhammadu Buhari over his commendable battle against crude oil theft and illegal...