A disagreement between the House of Representatives and the Senate over the appropriate crude oil price benchmark has emerged as…
Browsing: crude oil
Nigeria’s crude oil industry is facing a fresh challenge as reports indicate that large volumes of Nigerian crude remain unsold,…
The Federal Government generated ₦12.81 trillion from crude oil exports in the third quarter of the year, underscoring the continued…
Crude oil exports from the United States to Nigeria have recorded a dramatic surge of about 153 per cent, reflecting…
Nigeria’s crude oil production recorded a notable increase of about 35,000 barrels per day (bpd) in November, according to a…
The Dangote Petroleum Refinery has reportedly received its second batch of crude oil from Ghana, marking another significant step in…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reportedly used crude oil valued at about N991 billion to service…
Crude oil production among OPEC member states declined in November, driven primarily by production outages in Nigeria and disruptions across…
The Federal Government has disclosed that Nigeria’s refining capacity remains hampered by multiple structural and operational constraints, with crude supply…
Nigeria has emerged as the leading African exporter of crude oil to the United States, recording shipments valued at $2.57bn…
Nigeria’s earnings from crude oil and gas sales have declined sharply by about 43.3 per cent, even as the country…
The Nigerian Senate has launched an extensive investigation into the alleged loss of over $300 billion in crude oil revenue…
The World Bank has projected that Brent crude oil prices will average $60 per barrel in 2026, signalling a potential…
The Petroleum Training Institute (PTI) has urged African countries not to succumb to global pressure to abandon their crude oil…
The Dangote Petroleum Refinery has clarified that its recent decision to scale down crude oil inflows is a deliberate, strategic…
The Dangote Petroleum Refinery, Africa’s largest single-train refinery, has reportedly reduced its crude oil intake in recent weeks as part…
Nigeria’s crude oil production has reached 454 million barrels within the first nine months of 2025, according to a new…
Nigeria’s crude oil production slipped to an average of 1.39 million barrels per day (mbpd) in September 2025, signaling a…
Nigeria’s crude oil and condensate production dropped to 1.5 million barrels per day (mbpd) in September 2025, marking one of…
President Bola Ahmed Tinubu is scheduled to inaugurate a newly built $400 million crude oil export terminal in Rivers State,…