The Federal Government of Nigeria has pegged its 2024 projections for crude oil and the dollar to naira exchange rate at $77.96 and N750 respectively. This...
About 3,000 barrels of crude oil were lost to the Nov. 15 oil spill from the offshore Egina Floating Production Storage and Offloading (FPSO) vessel of...
The Federal Government on Friday said the renewed fight by the Nigeria Navy was partly responsible for the current rise in crude oil production in the...
By Akintunde Jacobs, Akure Men of the anti-crude oil theft patrol team of the Nigeria Navy Forward Operating Base (FOB) Igbokoda, in Ilaje Local Government Area of Ondo...
Nigeria is Africa’s top crude oil producer for October 2023. This is according to the monthly oil market report from the Organization of Petroleum Exporting Countries...
…As supply to India dips to 120,000mbpd Following the lingering conflict between Russia and Ukraine, the Nigerian National Petroleum Company Limited (NNPCL) has stated that the...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has provided insight into how the lingering Russia – Ukraine war impacted Nigerian crude oil inflows in the...
Nigeria’s oil production output in October has risen to 1.49 million barrels the highest in two years. Recent data by the Organisation of Petroleum Exporting Countries...
The House of Representatives has resolved to introduce legislative instruments to halt crude oil theft, which led to loss of over one billion dollars in revenue....
According to the latest monthly report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s average oil production hit a 20-month high in September reaching 1.57mbpd....