Nigeria has emerged as the leading African exporter of crude oil to the United States, recording shipments valued at $2.57bn…
Browsing: crude oil
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,…
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…
India has resumed large-scale purchases of Nigerian crude oil, even as the Dangote Petroleum Refinery in Lagos has begun importing…
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…