Navy nab suspects with stolen crude oil worth ₦32m in Akwa Ibom
The Nigerian Navy Forward Operating Base (FOB) in Ibaka has apprehended three suspected oil thieves transporting a boat loaded…
Browsing Tag
crude oil
Nigeria officially begin crude oil sales in Naira
Nigeria has officially begun selling crude oil and refined petroleum products in naira, as announced by the Federal Government.…
Sale of crude oil, refined petroleum products now in Naira – FG
The federal government says Nigeria has officially commenced the sale of crude oil and refined petroleum products in naira.…
NNPC declares N14trn revenue from crude oil sale
The Nigerian National Petroleum Company (NNPC) Limited says the revenue realised from crude oil sales in 2023 totalled N14.07…
‘Another chapter in opaque governance under Tinubu,’ Atiku…
Former Vice President Atiku Abubakar, has demanded clarity on petrol subsidy policy and crude oil refining from the federal…
Naira crude sale to refineries fixed for October 1
Dangote Refinery and other local refineries are to take their first delivery of crude under the naira-for-crude deal on October,…
NNPCL, IOCs must meet 2.2MBPD oil production — Task Force
The Joint Task Force South-South, Operation Delta Safe (OPDS), has urged the Nigerian National Petroleum Company Limited…
Sell crude oil to Dangote, other local refineries in Naira not Dollars, FG…
The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to…
FG to spend $21m on metre installation in 187 Niger Delta crude oil flow…
The Federal Executive Council has approved a $21 million project to install meters at all 187 crude oil flow stations in the Niger…
Nigeria’s crude oil production drops to 1.25mbpd in May — OPEC
Nigeria’s crude oil production experienced a significant decline to 1.25 million barrels per day (bpd) in May 2024, according to…