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…
Browsing: Crude oil
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…
The first consignment of West African crude was sold by Aramco Trading Co., highlighting the Saudi Arabian oil giant’s trading ambitions.According to dealers familiar with the…
Crude oil prices has remained over $105 a barrel as investors weighed increased demand for refined goods against a series of Chinese city lockdowns. At 9:36…
The parent company of Nigeria’s Agip Oil Company (NAOC), Eni, has announced that a force majeure at its Brass port in Yenagoa, Bayelsa state, has been…
Oil is now above $112 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western…
Oil prices has surged on Wednesday due to supply disruption fears mounting following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled…
Nigeria, other OPEC, and even OPEC + members could earn more from the black gold, according to a new analysis from Goldman Sachs. The US bank…