Tag: Crude oil

NNPCL, Dangote to renew naira-for-crude deal

The Nigerian National Petroleum Company Limited has dismissed reports alleging the termination…

Buna Juliet

Nigeria’s crude oil production hits 2.24m barrels per day – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has confirmed that the country’s technical…

Buna Juliet

NESG exposes how govs squandered $50bn in excess crude account

The Nigerian Economic Summit Group has revealed how the Excess Crude Account…

Alade Abayomi Adeleke

Oil prices drop ahead of OPEC+ meeting

Crude oil continued its downward trend for the third consecutive day, with…

Wilson Adekumola

Crude oil reserves hit 37.50 billion barrels – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has said Nigeria’s crude oil reserves…

Wilson Adekumola

FG to move crude oil via trucks over pipeline vandalism

FG to move crude oil via tru The Federal Government has stated…

Wilson Adekumola

Navy intercepted N95bn stolen crude in 10 months – Commander

The Eastern Naval Command of the Nigerian Navy says it intercepted stolen…

Buna Juliet

Troops intercept stolen N1.2bn crude oil

  The Defence Headquarters announced on Thursday that troops successfully intercepted stolen…

Marcus Amudipe

Delta monarch seeks expansion of oil pipeline surveillance

The ruler of Idjerhe kingdom in Ethiope West Local Government Area of…

Joy Onuorah

Lawmaker threatens legal action against whistleblowers over stolen crude

Members of the George Uboh-led Whistleblowers Network have been threatened with legal…

Marcus Amudipe

I achieved much with low oil prices – Buhari

The President of Nigeria, Major General Muhammadu Buhari (rtd.), has stated that…

Kazeem Owoseni

Illegal oil tapping point discovered in Rivers

A crude oil tapping point on the Trans Niger Delta Pipeline, which…

Joy Onuorah

Nigeria’s crude oil production hits 1.41m barrels

Nigeria's average daily crude oil production grew slightly in November 2022, reaching…

Joy Onuorah

Crude oil sales not contributing to foreign reserves – CBN

The Central Bank of Nigeria has said that the sale of crude…

Joy Onuorah

Buhari inaugurates first Northern oil drilling field

  The president, Major General Muhammadu Buhari (retd.), has inaugurated the first…

Marcus Amudipe