Category : Search result: oil marketers warning


US MOSOP: Exclude Ogoni from oil block bids

MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.

Reps Panel Vows to End Oil Revenue Leakages

House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.

Emadeb Records First Oil Production from Ibom Field

Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.

Nigeria loses $15bn annually to oil theft

Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.

Nigeria Sets December 1 for 2025 Oil Licensing Round

NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.

Osinbajo: Stop Celebrating Worthless GDP Figures

Former Nigerian Vice President Yemi Osinbajo delivers powerful critique of Africa's GDP obsession, urging governments to focus on real economic development instead of meaningless statistics.

Nigeria Lost $300B to Oil Theft - Senate Probe

Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.

US-Nigeria Rift May Widen Poverty - Economist

Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.

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