How FG lost N1.9trn to oil theft in July – Report
Crude oil theft may have cost the country an enormous N1.9tn in…
Nigeria lost 165k oil barrels daily in five months – Report
Nigeria lost 165,000 barrels per day due to crude oil production disruptions…
Analysts predict crude oil won’t sell $90/barrel
Some oil market analysts have predicted that the price of crude oil is…
Crude oil hits $84 per barrel – Report
Brent, the international benchmark for crude oil, hit a high of $84…
Crude oil production hits 1.48mbpd in June – NUPRC
Nigeria produced 1.48 million barrels per day of crude oil in June 2023,…
Delta security personnel seize large vessel with stolen crude oil
The pipeline surveillance security company, Tantita Security Services Limited has intercepted a large vessel…
Oil prices surge as Saudi Arabia prepares to cut output
Saudi Arabia has announced a significant cut of one million barrels per…
Edo refinery orders 200,000 barrels of crude oil
A contract for 200,000 barrels of crude from the Oza…
Nigeria lost 66m oil barrels to theft in one year – IOCs
Nigeria has been unable to produce and sell approximately 65.7 million barrels…
Niger Delta NGO knocks oil companies over assets sale
A non-governmental organisation under the We the People’s criticized oil companies for…
Oil prices surge as OPEC+ cuts output
The Organisation of Petroleum Exporting Countries has announced a surprise decision to…