Aliko Dangote, President of the Dangote Group, has underscored the urgent need for Nigeria to stop mortgaging crude oil. Speaking at a summit organised by the…
Browsing: Crude oil
The Nigeria Government has announced that Nigeria has officially begun selling crude oil and refined petroleum products in naira. In a statement on Saturday, Minister of…
In its September Monthly Oil Market Report, the Organisation of Petroleum Exporting Countries (OPEC) noted a slight increase of 45,000 barrels per day in average daily…
Energy expert Omonigho Otanocha has called on the government and petroleum product importers to convert their depots into crude storage facilities, following the Nigerian National Petroleum…
The Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPCL), Umar Ajiya, has said that the Port Harcourt refinery will commence operations in September…
Reports say the Nigerian National Petroleum Company Limited, NNPCL, has declared a state of emergency on crude oil production.Mele Kyari, the Group Chief Executive Officer of…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it will follow the provisions of the Petroleum Industry Act (2021) to ensure a sufficient and steady supply…
Senator Yemi Adaramodu, Chairman of Nigeria’s Senate Committee on Media and Public Affairs, expressed optimism regarding Nigeria’s ability to achieve its 2024 crude oil production benchmark…
The Dangote Petroleum Refinery has received the sixth batch of one million barrels of crude oil required by the plant for its operations. A statement issued…
The Government of National Unity in Libya, which is centered in Tripoli, has encouraged foreign oil companies with contracts with the national oil company to begin…