Nigerian oil firms mandated to supply 483,000 bpd of crude oil to local refineries
The Nigeria Upstream Petroleum Regulatory Council has issued new regulations requiring oil producers…
Oil prices surge following Red Sea attacks
Oil prices shot up three per cent Monday as more companies suspended…
Crude oil exports make up 82.50% of Nigeria’s foreign trade in Q3 2023 – NBS
Nigeria's foreign trade in Q3 of 2023 was 82.50% oil exports. This…
How DHQ recovered stolen 500k litres of crude oil one week
The Defence headquarters has stated that it recovered almost 500,000 gallons of stolen…
NNPCL launches new crude grade, ships 1.9m/b in October
The Nigerian National Petroleum Company Limited announced on Tuesday that it has…
Boost economy by increasing oil production, expert tells FG
The Group Managing Director of Eterna Plc, Dr. Gabriel Ogbechie, has highlighted that…
Crude oil stays at $90/barrel
Brent crude went up to $90 per barrel on Friday, October 13, according…
NNPCL ends crude oil swap deal for petrol – Report
The Nigerian National Petroleum Company Limited has discontinued the crude oil exchange…
Oil production increases to 1.35m barrels/day
By Wilson Adekumola Nigeria’s crude oil output reportedly rose to 1.35…
23 oil blocks failed to produce crude in 2021 – NEITI
At least 23 oil blocks managed by both international and local oil…
148 crude oil theft reported in one week – NNPCL
There were 148 occurrences of crude oil theft registered between September 2…
Nigeria produced 1.4 million bpd of oil in August 2023 – NUPRC
Nigeria produced 1. 4 million barrels of crude oil per day, according…