Oil Export Archives

Nigeria’s crude oil exports hit ₦11.2trn in Q1

Nigeria’s crude oil exports rose to N11.20 trillion in the first quarter of 2026, reinforcing the commodity’s position as the country’s largest foreign exchange earner and a key driver of the strong performance in external trade. This is according to latest data from the National Bureau of Statistics. The improved export earnings helped lift Nigeria’s […]

aadelekepdnlimited-com
9th June 2026
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Oil and Gas

Nigeria’s trade surplus hits ₦7.55trn on oil export boom

Nigeria’s merchandise trade surplus surged to N7.55 trillion in the first quarter of 2026, representing a 340.88 per cent increase from the N1.71 trillion recorded in the preceding quarter, driven by stronger crude oil exports and a sharp decline in import spending. New data released by the National Bureau of Statistics showed that total merchandise […]

aadelekepdnlimited-com
8th June 2026
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92 Views

News

16 missing as oil tanker capsizes off Oman coast

At least 16 crew have been declared missing after a Comorian-flagged oil tanker capsized off Oman on Monday, the sultanate’s Maritime Security Centre (MSC) said, adding that a search was underway for survivors. The MSC, which is run by the Omani defence ministry, did not specify the cause of the capsize.In a post on social […]

agencyreport
16th July 2024
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250 Views

Oil and Gas

Russia to reduce oil exports by 500,000 BPD in August – Report

Russia’s top energy official declared on Monday that the country will voluntarily reduce oil exports by 500,000 barrels per day, adding to already planned output restrictions. “Russia will voluntarily reduce its oil supply by 500,000 barrels per day in August by cutting exports to global markets by that amount as part of efforts to keep the […]

bfatoyepdnlimited-com
4th July 2023
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Nigeria to end gas flaring by 2030 - NUPRC

Oil and Gas

NUPRC confirms take over of oil export terminals

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission has announced that they have taken over the regulation and monitoring of activities of the nation’s crude oil export terminals. AmBusiness reported that the Chief Executive Officer of NUPRC, Mr. Gbenga Komolafe said this in an interview with Arise TV on Tuesday. Komolafe claimed that […]

bfatoyepdnlimited-com
10th May 2023
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222 Views

Dangote refinery boosts Nigerian crude prices amid global

ILO adopts first global labour standard for ride-hailing

Electric vehicle prices drop globally in 2025, US

FG denies cooking gas export claims

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Anthropic disables Fable 5, Mythos 5 after US export

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Tag: Oil Export

Nigeria’s crude oil exports hit ₦11.2trn in Q1

Nigeria’s trade surplus hits ₦7.55trn on oil export boom

16 missing as oil tanker capsizes off Oman coast

Russia to reduce oil exports by 500,000 BPD in August – Report

NUPRC confirms take over of oil export terminals

Anthropic disables Fable 5, Mythos 5 after US.

Dangote refinery boosts Nigerian crude prices amid global.

ILO adopts first global labour standard for ride-hailing.

OpenAI faces US probe as attorneys general issue.

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