News, Uncategorized

NIGERIA NOW EARNS MORE FROM NON-OIL REVENUES – YEMI OSINBAJO

Vice President Yemi Osinbajo says revenue recently flowing into the nation’s treasury are majorly from non oil and gas exports.This is contained in a statement by Josephine Ademu, Press and Public Relations of the Federal Ministry of Science, Technology and Innovation on Friday, in Abuja.DCO Global News Published on November 12, 2021 By Odoh Dominic… Continue reading NIGERIA NOW EARNS MORE FROM NON-OIL REVENUES – YEMI OSINBAJO

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FG CANCELS OPERATING LICENCES OF 2 OIL FIRMS OVER UNFAIR LABOUR PRACTICES, OTHER INFRACTIONS

The Federal Government, through the Department of Petroleum Resources, DPR, the regulatory agency in the Nigeria Oil and Gas Industry, has cancelled the operating licences of two oil firms; NOV Oil and Gas Services Nigeria Limited as well as Nov Oilfield Solutions Limited (National Oilwell Varco) over alleged breach of terms and conditions of the… Continue reading FG CANCELS OPERATING LICENCES OF 2 OIL FIRMS OVER UNFAIR LABOUR PRACTICES, OTHER INFRACTIONS

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SAUDI ARABIA RAISE OIL PRICES TO ASIA AS DEMAND SPIKES

Emboldened by Strong prompt demand amid tighter oil supply due to the U.S. sanctions on Venezuela and Iran, the world’s top oil exporter Saudi Arabia is expected to raise the prices of the crude grades it sells on its premium market, Asia, for July, According to trade sources.   If the Saudis do raise next… Continue reading SAUDI ARABIA RAISE OIL PRICES TO ASIA AS DEMAND SPIKES

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BREAKING NEWS: THREE OIL TANKERS BLOW UP BY US FORCES IN SYRIA ENFORCING OIL EMBARGO

US-led forces have blown up three oil tankers in Syria as the United States increases its pressure on Syria by thwarting the oil trade between the PKK/YPG and the Assad regime, according to local sources quoted by several media sources.   The strike was carried about by coalition planes, which hit three oil tankers, leaving… Continue reading BREAKING NEWS: THREE OIL TANKERS BLOW UP BY US FORCES IN SYRIA ENFORCING OIL EMBARGO