China Sanctions 20 US Firms Over Taiwan Arms Sales
Beijing imposes sanctions on 20 US defence companies, including Boeing, after a major US arms sale to Taiwan. Tensions escalate over the island's status.
Category : Search result: Russian oil companies
Ukraine's 4-Year Race to Repair Chernobyl's Radiation Shield
A Russian drone strike breached Chernobyl's protective dome. Ukraine now faces a 3-4 year repair race to prevent a new radioactive disaster. Full details inside.
Lawal Seeks Security Collaboration, Chinese Firms Deny Illegality
Zamfara Governor Dauda Lawal urges stronger federal security collaboration to tackle insecurity. Meanwhile, Chinese mining companies deny involvement in illegal activities and fueling terrorism.
Ukraine evacuates horses from war-torn Zaporizhzhia region
Ukrainian workers risk their lives to evacuate horses from a state stud farm in Zaporizhzhia as Russian attacks escalate. Read how the war impacts animals.
Nigeria ships 33.2m barrels of crude to U.S. in eight months
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
Russian Contractors Take CAR Election Threats 'Extremely Seriously'
Russian paramilitary forces in the Central African Republic pledge to ensure secure elections this Sunday. Read about the security landscape and geopolitical stakes.
Chernobyl Shelter at Risk of Collapse from Russian Strike
Chernobyl's director warns a direct Russian missile hit could collapse the inner radiation shelter, causing a 'mini-earthquake'. Full restoration may take 3-4 years. Read the urgent update.
Lagos Issues 3-Day Ultimatum to Ikorodu Steel Companies
LASEPA orders six steel firms in Odogunyan, Ikorodu, to install pollution controls within 72 hours or face sanctions. The move follows alarming air quality data and resident complaints.
NBA: Poor Governance Threatens Nigerian Indigenous Companies
The Nigerian Bar Association, Lagos Branch, warns that weak corporate governance and poor succession plans threaten the survival of indigenous Nigerian companies. Learn the critical role of lawyers and AI.
Russian Warlord 'The Spaniard' Dies in Mysterious Shooting
Stanislav 'Spaniard' Orlov, leader of a neo-Nazi football hooligan battalion, shot dead near Sevastopol. Russian authorities give vague explanation. Read the full report.
Senior Russian General Killed in Moscow Car Bombing
A top Russian military official, Lt. Gen. Fanil Sarvarov, was killed in a car bombing in Moscow. Authorities are investigating, with potential Ukrainian involvement suggested. Read the latest details.
Indigenous Firms Control 50% of Nigeria's Oil, Gas Output
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Dangote, Others Honoured in Downstream Petroleum Awards
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
Civil Society Commends NNPC's Ojulari for Oil Sector Turnaround
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
EU Summit Deadlock Over Russian Assets for Ukraine
EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?
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.
German MPs approve €50bn military spending spree
German lawmakers greenlight a historic €50 billion in defence purchases, ramping up military readiness as Russia's threat grows and US commitments waver. Read the full details.
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.
EU Summit Debates Using Frozen Russian Assets for Ukraine
EU leaders meet in Brussels to decide on funding Ukraine's war effort, debating a risky plan to use €200 billion in frozen Russian central bank assets. Will they reach a deal?
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.
CAC to Report Fintech Firms to CBN Over PoS Operators
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
Massive Russian Strikes Hit Ukraine Energy, Cause Outages
Russian overnight attacks with 704 drones & missiles target Ukraine's energy grid & railways, leaving thousands without heat & water. Details on the strikes and ongoing US peace talks.
EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt
The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.
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.
Serbia's Oil Refinery Shutdown Could Cost for Years
Experts warn Serbia faces years of economic fallout, job losses, and budget risks after the shutdown of its only oil refinery due to US sanctions on Russian owners. Read the full analysis.
CAC Warns Public About 15 Fake Companies in Nigeria
The Corporate Affairs Commission (CAC) has flagged 15 fraudulent companies using fake RC numbers. Learn the full list and how to protect yourself from corporate scams.
EU Agrees to Ban All Russian Gas Imports by Autumn 2027
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
Page 1 of 4