crude oil Archives

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 in curbing oil theft and pipeline vandalism in the Niger Delta. This request was made on Monday, May 16, 2022 in Port Harcourt, Rivers State, by the Chairman of IPMAN, Hon. Bello Binna, who paid […]

agencyreport
18th May 2022
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OPEC+ lacks capacity to raise oil prices, says expert

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 increased it from 1.753 million barrels per day in May 2022 to 1.772 million barrels per day in June. OPEC had earlier raised Nigeria’s oil production quota from the 1.735 million barrels per day target […]

agencyreport
6th May 2022
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248 Views

Oil production: Angola, Libya overtake Nigeria, says OPEC

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 Nigeria and other OPEC member nations to pump the volumes of crude oil approved by the organisation. OPEC also revealed that in April 2022, Nigeria’s oil production plunged by 40,000 barrels per day, translating to […]

agencyreport
3rd May 2022
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255 Views

Why oil theft estimates are unrealistic- Navy

Oil and Gas

Oil price rises as OPEC projects steady demand growth

Brent, the global benchmark for crude oil, rose marginally in price on Thursday, as the Organisation of Petroleum Exporting Countries projected that the demand growth for oil would continue this year. Industry figures showed that Brent moved up by $0.77 or 0.72 per cent to $107.57/barrel at about 7.13pm Nigerian time. It had traded around […]

agencyreport
22nd April 2022
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200 Views

NRS introduces single tax identity framework across Nigeria

US outlines visa requirements for 2026 W’Cup fans

NPA to host regional maritime talks on port

S’Korean leader seeks balance between labour, business rights

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NRS introduces single tax identity framework across Nigeria

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Tag: crude oil

EFCC partners marketers to curb oil theft in Niger Delta

OPEC raises Nigeria’s oil production quota despite low output

Nigeria’s crude production crashed by 1.2 million barrels in April – OPEC

Oil price rises as OPEC projects steady demand growth

NRS introduces single tax identity framework across Nigeria

Lagos saves ₦118.32bn properties from fire outbreak in.

DMO auctions ₦600bn bonds with yield up to.

AFC commits $100m to boost Africa tech venture.

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