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*Fuel nozzle. 21 June 2016, New York — Oil prices dipped on Tuesday on more speculation over Britain’s future in the European Union, then pared losses to settle off session lows as a U.S. refinery outage triggered a rebound in gasoline prices. Royal Dutch Shell Plc (RDSa.L) shut its gasoline-producing...

*Khalid al-Falih, Saudi Arabia’s new oil minister. 21 June 2016, Riyadh — Saudi Arabia’s crude oil exports in April fell despite high...

Mkpoikana Udoma 21 June 2016, Sweetcrude, Port Harcourt  – The Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, has suspended its twelve...

*Fuel tanker fire in Kano. 21 June 2016, Abuja — One person was killed, two others injured and at least 10 vehicles destroyed when a tanker conveying...

21 June 2016, Warri – The Federal Government has ignored the threat of the Niger Delta Avengers, NDA, not to repair oil facilities blown up by the militant group during the period of conciliation for dialogue or risk resumption of hostilities. Niger Delta Avengers “We are going to redirect and reactivate all our activities if the government, oil companies and...

21 June 2016, Abuja – Nigeria’S earnings from crude oil and gas, Petroleum Profit Tax (PPT) and Royalties declined by 34.1 percent, to  N205.05...

*Load-out of the Ofon bridge from Nigerdock yard. 21 June 2016, Lagos – Nigerdock, a leading indigenous Nigerian oil services company and a member...

Kunle Kalejaye 21 June 2016, Sweetcrude, Lagos – Indigenous ship building and repairs company, Nigerdock, has successfully completed, commissioned...

20 June 2016, Lagos – Shell Companies in Nigeria paid $43 billion into the Federation Account between 2011 and 2015, just as the companies spent...

20 June 2016, Abuja – The Federal Government will on July 4, 2016 arraign a former Group Managing Director of the Nigerian National Petroleum Corporation,...