Venezuela Faces Deep Crisis as US Tightens Oil Blockade
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
Category : Search result: Golden Terra Oil
Review: ID Cabasa's 'Unfinished Business' Album
Veteran producer ID Cabasa releases 'Unfinished Business,' a 13-track album reimagining classic Nigerian hits. The project bridges Afrobeats' golden oldies with contemporary sounds, featuring Olamide, 9ice, Pheelz, and more. A must-listen for music lovers
Trump Announces Naval Blockade Against Venezuela
US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
Trump Orders Naval Blockade of Venezuela Oil Tankers
US President Donald Trump announces a total blockade of sanctioned Venezuelan oil vessels, escalating tensions. Learn the details and potential impact on the global oil market.
Goldberg Golden Xmas Concert Lights Up Ibadan
Goldberg's Golden Xmas Concert transformed Ibadan Polo Club into a pulsating arena with Wande Coal, Zlatan, Shoday, DJ Neptune & more. Relive the legendary night of music and culture.
Golden Terra Oil Voted Nigeria's Top Healthy Cooking Oil
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
Ogoni Youths Demand Oil Block, Halt to License Bids
Ogoni youths demand an oil block and halt to ongoing bids, insisting on equity and inclusion before resuming oil production in Ogoniland after 30 years.
Terra Wins Best Seasoning Brand with 76% Consumer Votes
Terra Seasoning Cube has been crowned the Best Seasoning Brand at the 2025 Consumer Value Awards, securing a massive 76% of consumer votes. Discover how this beloved brand continues to win Nigerian hearts.
PENGASSAN warns of oil sector brain drain over low pay
PENGASSAN warns Nigeria's oil sector faces a severe brain drain due to low wages and economic hardship. Union President Festus Osifo urges immediate action to close the wage gap and retain skilled workers.
NNPC's ₦5.4trn Profit Shows Impact of Reforms
NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK Group GETI Praises NUPRC's $10bn Licensing Round
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
NUPRC's $10bn Licensing Round Hailed as Global Transparency Model
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
Pacific Island Office Aids Sanctions-Busting Oil Smuggling
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
OPEC Keeps Nigeria's Oil Output at 1.5m bpd to 2026
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Shettima hails Tinubu's N3.5tn education push at UNIMAID
VP Shettima declares Tinubu's N3.5tn education budget signals renewed commitment to national development through knowledge and innovation at UNIMAID's 50th anniversary.
Ogoni Lament FG Silence After Oil Resumption Report
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ 2025 Oil Output Policy: A Review
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
Reps Demand EFCC Account for Seized Crude Oil
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Rivers remains key oil investment hub - Fubara
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Scientific Research Guides Nigeria's Oil Production
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
NNPC Posts N5.4trn Profit, Reveals $60bn Investment Plan
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
Golden Penny Celebrates Winners in Consumer Promotion
Golden Penny's '4B Reasons to Smile' promotion rewards over 3,000 Nigerians with prizes like air conditioners and TVs. Join the excitement and watch weekly live draws on their social media!
Rotary Club empowers 8 widows in Ikota community
Lekki Golden Rotary Club empowers eight Ikota widows with N400,000 for their businesses, championing economic development and community support. Join the effort for change.
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