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.
US designates Cartel de los Soles as foreign terrorist organization, permitting potential military strikes in Venezuela without congressional approval. Read full details.
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 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 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.
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.
US President Donald Trump was briefed on military options for Venezuela operations. Get the latest details on the escalating crisis and global reaction.
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 appoints special administrator for Lukoil's Neftochim refinery after US sanctions. Parliament authorizes asset seizure amid energy security concerns. Read full details.
Leaked documents reveal Venezuela preparing guerrilla warfare and street chaos strategy against potential US military operation. Maduro government admits military weakness.
US Defense Secretary announces Operation SOUTHERN SPEAR targeting narco-terrorists in Latin America amid growing tensions with Venezuela. Read full details.
President Tinubu reappoints Brigadier-General Mohammed Buba Marwa as NDLEA chairman following successful first term with 73,000 arrests. Read more about his achievements.
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.
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
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'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 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.
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.
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.
Federal Government considers selling NNPC assets as crude output plummets. Presidential adviser reveals restructuring plans to revive Nigeria's energy sector. Read more.
Stakeholders at North West civic conference commend President Tinubu for Petroleum Industry Act implementation, citing transparency and investment growth. Read more.
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.
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.
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 State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
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.
Nigeria's drug enforcement agency exposes dangerous fake medicinal cannabis operation, seizes massive consignment and arrests mastermind in major nationwide crackdown.
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.
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.
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.
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.