Oil -

Nigerian Man Convicted for $1 Million International Oil Fraud

Enterprisetv
November 12, 2025
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The Federal High Court in Abuja has convicted a man, David Udensik, also known as Dr. Jacob Bello, for his involvement in an international oil […]

Oil Prices Climb on Russia-Ukraine Conflict Escalation, U.S. Data in Focus

Enterprisetv
September 2, 2025
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Oil prices rose on Tuesday as concerns over supply disruptions mounted amid escalating tensions between Russia and Ukraine, while investors also weighed the impact of […]

NSCDC Arrests Two Oil Thieves in Abia for Pipeline Vandalism

Enterprisetv
February 9, 2025
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The Nigeria Security and Civil Defence Corps (NSCDC) has arrested two individuals for oil theft, sabotage, and illegal dealings in petroleum products in Ukwa West […]

2024 Oil Licensing Bid Round: Winners Announced

Enterprisetv
December 18, 2024
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The 2024 oil licensing bid round, held at Eko Hotel, Lagos, has concluded with winners emerging across various Petroleum Prospecting Licenses (PPLs). The competitive bidding […]

General

Nigeria’s Oil Marketers Persist with Fuel Imports Despite Domestic Refinery Operations

Enterprisetv
December 5, 2024
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Despite the commencement of fuel production by the Dangote Petroleum Refinery and the Port Harcourt Refining Company (PHRC) in recent months, Nigerian oil marketers continue […]

IMF Urges Nigeria to Prioritize Social Safety Nets Amid Downstream Oil Crisis

Enterprisetv
September 12, 2024
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As Nigeria grapples with rising fuel prices and supply challenges in the downstream oil sector, the International Monetary Fund (IMF) has called on the Federal […]

25 Suspected Oil Thieves Arrested in Niger Delta Crackdown

Enterprisetv
September 11, 2024
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Security operatives have arrested 25 individuals suspected of crude oil theft within a week in the Niger Delta, according to a recent documentary by the […]

Nigeria Leads African Oil Production with 1.61mbpd Output, NUPRC Reports

Enterprisetv
July 26, 2024
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that Nigeria remains the dominant crude oil producer in Africa, with a daily output of 1.61 […]

ANRPM Seeks NSA’s Support to Combat Oil Theft in Niger Delta

Enterprisetv
July 16, 2024
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The Association of Nigeria Refinery and Petroleum Marketers (ANRPM) has called for collaboration with National Security Adviser Nuhu Ribadu to eliminate oil theft in the […]