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…
Sales of crude oil increase by 46% to N21tn – NBS
Nigeria's exports of crude oil increased by 46.41 percent in 2022, bringing…
FG discovers new locations for oil production of 681,000 bpd
The Federal Government has discovered new oil fields with a daily production…
Nigeria’s crude oil production declines by 13%
The Nigerian Bureau of Statistics has said crude oil production, which represents about…
Oil: Bonny light loses all gains in 2022
A report has shown that Bonny Light grade crude oil lost all…