Nigeria’s domestic refineries are operating at just 42% of their combined capacity due to severe crude oil supply shortages, industry…
Browsing: crude oil
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 reportedly imported crude oil from Equatorial Guinea, marking another step in its efforts to secure a stable…
Nigeria’s 2025 budget and the operations of local refineries face significant risks due to declining crude oil production and falling…
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…
In the deeply religious city of Kano in northern Nigeria, a unique prayer session was held a few months ago.…
The Nigerian Navy has announced that its Quick Response Team of the Forward Operating Base Bonny, under Operation DELTA SANITY,…
Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria produced 159,158,191 barrels of crude oil in…
The Economic and Financial Crimes Commission (EFCC) on Monday arraigned five individuals before a Federal High Court in Lagos over…
Nigeria’s crude oil production experienced a notable increase, reaching 1.4 million barrels per day in December, according to data from…
In November 2023, Nigeria experienced a significant decline in crude oil production, dropping to 1.4 million barrels per day, according…
The head of Dubai Chamber, Mohammad Lootah, revealed that the non-oil bilateral trade between Nigeria and Dubai hit $2.1 billion…
In the span of one week, from November 18 to 24, Nigeria experienced a staggering 226 incidents of crude oil…
InfoStride News reported that the National Oil Spills Detection and Response Agency (NOSDRA) attributed the loss of 3000 barrels of…
The Defense headquarters has announced a remarkable feat in its operations, stating that over 500,000 liters of stolen crude oil…