Crude oil: Nigeria, six others drop in production – OPEC report
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member…
Browsing Tag
crude oil
Navy secures N10.7bn stolen crude oil, others in April
At least N10,701,793,052.5 was saved in April from oil theft and economic sabotage by the Nigerian Navy, according to a statement…
Rising crude oil prices great opportunity for Nigeria – Buhari
President Muhammadu Buhari says rising crude oil prices
FG monthly oil sales revenue drops by 75%
The Federal Government saw its crude oil sales revenue plunge by 74.89 per cent in July to a record low of $55.29million,…
No stolen crude oil found in China – NNPC
The Nigerian National Petroleum Corporation (NNPC) on Thursrday denied reports that its officials sold 48 million barrels of…
Nigeria produced 1.59mbpd of Crude Oil in May – OPEC
Nigeria’s estimated crude production fell by 185,000 barrels per day to 1.59 million in May following the country’s pledge to cut…
Crude oil prices jump four per cent as supply plunges further
Prices of crude oil rose more than four percent on Wednesday, May 20 after latest data showed that showed another surprise weekly…
Crude Oil Slumps on Fear of Deadly Virus in China
Despite an escalation brought by Libya’s oilfields blockage on Monday, oil prices fell on Tuesday as a deadly virus in China…
Nigeria loses $41.9bn to crude oil theft – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that the country lost 41.9 billion dollars to stolen and…
Nigeria loses 22m barrels of crude oil in six months
Edo Governor, Godwin Obaseki said the nation lost about 22 million
barrels of its crude oil production to oil theft…