crude oil
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Oil and Gas
Oil price drops to $86/barrel
The worldwide price of Brent, the global benchmark for crude, Sunday dropped to $86 per barrel even as all oil…
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Oil and Gas
FG loses N32bn to oil terminals shutdown daily
A recent report has revealed that Nigeria loses as much as N32 billion daily as a result of the shutdown…
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Oil and Gas
Oil production: Angola, Libya overtake Nigeria, says OPEC
The Organisation of Petroleum Exporting Countries has disclosed that Angola and Libya have overtaken Nigeria after oil production in the…
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Oil and Gas
Shell discharges five oil barrels into Ogoni
After an operation failure, the Shell Petroleum Development Company discharged five barrels of crude oil into the Bodo community in…
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Oil and Gas
Nigeria lost oil worth N101bn in July – OPEC
Data from the Organisation of Petroleum Exporting Countries has revealed that Nigeria lost N101 billion worth of oil in July…
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Oil and Gas
Nigeria’s crude oil output drops below expectation – Report
A financial service company, Vetiva, has decried that Nigeria’s crude oil output has fallen below expectation despite efforts by the…
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Oil and Gas
Firm prepares fresh investment in oil, gas sector
Solewant Group says it is now entering the next phase of its extensive development through investments and expansions in the…
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Oil and Gas
EFCC partners marketers to curb oil theft in Niger Delta
The Independent Petroleum Marketers Association of Nigeria has sought the support and intervention of the Economic and Financial Crimes Commission…
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Oil and Gas
OPEC raises Nigeria’s oil production quota despite low output
The Organisation of Petroleum Exporting Countries on Thursday raised the crude oil production quota approved for Nigeria again, as it…
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Oil and Gas
Nigeria’s crude production crashed by 1.2 million barrels in April – OPEC
The Organisation of Petroleum Exporting Countries on Monday said insufficient investments in the oil sector had limited the capacity of…
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