US Labels Venezuelan Cartel as Terrorist Organization
US designates Cartel de los Soles as foreign terrorist organization, permitting potential military strikes in Venezuela without congressional approval. Read full details.
Category : Search result: US Venezuela oil seizure
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.
NDLEA arrests hotelier, seizes 1,762kg of cannabis
NDLEA operatives arrest wanted drug baron Frank Chijioke Ibemesi in Lagos, seizing 1,762kg of cannabis. A separate syndicate in Osun State also busted. Read the full story.
Serbia's NIS oil firm faces shutdown amid US sanctions
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
Customs Seizes 166 Wraps of Drugs in Owerri
Nigeria Customs FOU Zone C intercepts 77.5kg of cannabis and 8.6kg of Canadian loud in Owerri. Handed to NDLEA for investigation. Read about the drug bust.
Trump Gets Military Briefing on Venezuela Options
US President Donald Trump was briefed on military options for Venezuela operations. Get the latest details on the escalating crisis and global reaction.
Venezuela Hyperinflation Crisis: IMF Projects 548% in 2025
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
Bulgaria Takes Control of Russian Lukoil Refinery
Bulgaria appoints special administrator for Lukoil's Neftochim refinery after US sanctions. Parliament authorizes asset seizure amid energy security concerns. Read full details.
Venezuela Plans Guerrilla War Against US Military Threat
Leaked documents reveal Venezuela preparing guerrilla warfare and street chaos strategy against potential US military operation. Maduro government admits military weakness.
US Military Operation Targets Narco-Terrorists in Latin America
US Defense Secretary announces Operation SOUTHERN SPEAR targeting narco-terrorists in Latin America amid growing tensions with Venezuela. Read full details.
Tinubu reappoints Marwa as NDLEA chairman
President Tinubu reappoints Brigadier-General Mohammed Buba Marwa as NDLEA chairman following successful first term with 73,000 arrests. Read more about his achievements.
NUPRC's 2025 Oil Licensing Round Ignites Confidence
Nigeria's 2025 oil licensing round announced by NUPRC marks turning point for energy sector. Global investors show renewed interest as reforms boost transparency and production targets.
IEA: Global Oil Supply Outstrips Demand in 2026
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
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 Opens 2025 Oil Licensing Round December 1
Nigeria's NUPRC launches 2025 oil licensing round on December 1, earning praise for transparency and potential to boost production beyond 2 million barrels daily.
Venezuela Mobilizes 200K Troops Amid US Navy Buildup
Venezuela launches massive military mobilization of 200,000 soldiers in response to US aircraft carrier deployment near Latin America. Tensions escalate as both nations prepare for potential conflict.
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.
Chinese Bitcoin Fraudster Jailed 11+ Years in UK
UK court sentences Chinese woman to 11 years, 8 months for massive Bitcoin Ponzi scheme that defrauded 128,000 investors. Learn about this landmark cryptocurrency fraud case.
Nigeria May Sell NNPC Assets Amid Oil Production Crisis
Federal Government considers selling NNPC assets as crude output plummets. Presidential adviser reveals restructuring plans to revive Nigeria's energy sector. Read more.
Northern Leaders Applaud Tinubu's Oil and Gas Reforms
Stakeholders at North West civic conference commend President Tinubu for Petroleum Industry Act implementation, citing transparency and investment growth. Read more.
Nigeria's Oil Production to Jump 1M Barrels with EMEM FPSO
Nigeria's oil industry receives major momentum as the EMEM FPSO initiative promises to revolutionize production capacity, adding one million barrels per day to national output and strengthening economic growth.
Nigeria's Oil Reserves Risk Becoming Stranded Assets
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
US No Fit Attack Venezuela - Trump Government Confess
Trump administration don inform US Congress say dem currently no get legal justification to carry out military strike against Venezuela. See wetin dis mean for international politics.
Ondo Refinery Construction Begins - Economic Boom Ahead
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
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.
NDLEA Busts Fake Medicinal Cannabis Ring, Arrests Kingpin
Nigeria's drug enforcement agency exposes dangerous fake medicinal cannabis operation, seizes massive consignment and arrests mastermind in major nationwide crackdown.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
Maduro Launches Spy App Amid US Removal Fears
Venezuelan President Nicolás Maduro launches controversial mobile app encouraging citizens to spy on neighbors as he fears US plans to remove him from power. Discover how this digital surveillance tactic is dividing the nation.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Nigerian Immigration Denies Senator's Passport Seizure Claim
The Nigeria Immigration Service has categorically denied Senator Natasha Akpoti-Uduaghan's allegations of passport seizure, calling her claims 'false and misleading'. Get the full details of this explosive political drama.
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