The Dangote Petroleum Refinery has temporarily suspended the sale of petrol in naira, a move that has generated intense discussions…
Browsing: crude oil
The Federal Government has disclosed that Nigeria’s domestic refineries received a total of 67.6 million barrels of crude oil within…
Nigeria has recorded a significant boost in its foreign earnings after generating about $2.21 billion from crude oil exports to…
Nigeria’s crude oil production reached a major milestone in August 2025, as the country achieved 96 percent of its Organization…
Nigeria’s oil sector is facing renewed concerns as fresh figures reveal that crude oil earnings declined by a staggering ₦3.18…
The United States has slashed its crude oil imports from Nigeria by as much as 40 percent, a development that…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the country’s crude oil losses have dropped to their lowest…
Nigeria’s oil sector has achieved a significant milestone as recent data indicates that crude oil theft has dropped to its…
Nigeria has exported crude oil valued at $1.88 billion to the United States in the first half of the year,…
The Dangote Petroleum Refinery has ramped up its crude oil processing capacity to 610,000 barrels per day (bpd), bringing the…
A new industry report has revealed that Nigeria has an estimated ₦341 trillion worth of crude oil resources lying idle…
India has resumed large-scale purchases of Nigerian crude oil, even as the Dangote Petroleum Refinery in Lagos has begun importing…
Nigeria’s domestic refineries are operating at just 42% of their combined capacity due to severe crude oil supply shortages, industry…
The Nigerian government has lauded the progress of its Naira-for-Crude initiative, a strategic policy aimed at enhancing the value of…
The Commandant General’s Special Intelligence Squad (CG’S SIS) of the Nigeria Security and Civil Defence Corps (NSCDC) has impounded a…
Dangote Refinery has resumed the purchase of crude oil from the United States after a three-month hiatus, signaling a significant…
Nigeria’s oil industry faces another setback as vandals have interrupted crude supply to the Forcados terminal, a key export hub…
The House of Representatives’ Special Committee on Crude Oil Thefts has delivered a stern warning to individuals involved in the…
The average spot price of Nigeria reference crude oil (bonny light) stood at $85.68 in the first quarter of 2024-…
The House of Representatives Joint Committee on Midstream and Downstream has said that the allegation of non-availability and non-supply of…