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.
Category : Search result: Trump Venezuela oil blockade
Trump Closes Venezuela Airspace Amid Tensions
US President Donald Trump declares Venezuela airspace closed as military tensions escalate. Six major airlines suspend flights amid security concerns. Read full details.
Trump closes Venezuela airspace in major escalation
US President Donald Trump has declared Venezuela's airspace closed, escalating tensions with Nicolas Maduro. Major airlines have suspended flights, disrupting regional travel. Read the full details.
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.
Trump Escalates Venezuela Drug Fight to Land Operations
US President Donald Trump announces military escalation against Venezuelan drug traffickers, moving from sea to land operations. Read latest developments on this growing conflict.
Venezuela bans 6 airlines over security dispute
Venezuela bans Iberia, TAP, LATAM and 3 other airlines for suspending flights over US military activity. Over 8,000 passengers affected as Portugal calls move 'disproportionate'.
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.
Petro: US Venezuela Pressure Campaign About Oil Access
Colombian President Gustavo Petro reveals US pressure on Venezuela targets oil reserves, not drug trafficking. Exclusive analysis of geopolitical tensions in Latin America.
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.
US Designates Venezuela's Maduro as Foreign Terrorist
Trump administration officially labels Nicolás Maduro and allies as Foreign Terrorist Organization. New designation enables stricter sanctions and military considerations. Read full analysis.
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.
Russian Forces Struggle Against Mali Jihadist Blockade
Russian Africa Corps forces in Mali fail to break jihadist fuel blockade as civilian casualties mount. Learn how Moscow's strategy impacts Sahel security.
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.
Nigeria Oil Production Hits 1.7m bpd After Reforms
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
PDP Crisis: Bala Mohammed Says 'Enough is Enough'
Bauchi Governor Bala Mohammed vows PDP Governors' Forum will not allow party dismantling after violent Abuja secretariat clash. Read the full details on the political crisis.
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.
Trump Plans Maduro Talks, OK with Mexico Strikes
US President Donald Trump reveals plans to speak with Venezuela's Maduro while endorsing potential anti-drug strikes in Mexico. Tensions rise as military buildup continues in Caribbean region.
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.
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.
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.
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.
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.
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.
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