Tag: crude

The refinery said the decision comes after intervention by the Naira for Crude Technical Committee Chairman.

According to the oil cartel’s direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 million ...

The leak occurred on Monday.

“The reported production shortfall was primarily due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried ...

Nigeria’s crude oil production climbed to 1,336 million barrels per day, from 1,271 million in December 2022.

Seplat says in a separate document seen by PREMIUM TIMES it will pay an interim dividend of US2.5 cents per ...

An official lamented that pipeline vandalisation impacts negatively on crude oil production, gas supply, refineries’ operations, among others.

OPEC had last month agreed to raise oil output by 100,000 barrels per day.

Aramco’s flagship Arab Light cargos for March was raised up by $0.60 per barrel to a total $2.80 per barrel ...

Brent crude reached a two-month high last week, trading at $86.06 per barrel as of press time Tuesday morning.

The gas pipeline project is financed by the Chinese government

Libya has lost around 90,000 bpd of crude oil from a blast on a pipeline.

The highest barrels of crude production was recorded in 2005 with 918.66 million barrels valued at N6.14 billion and the ...

Saudi Arabia said on Tuesday it would cut supplies to most buyers in Asia.

Saudi Arabia tried 32 people in 2016 for alleged spying for Iran.

The Pakistani captain of the vessel said he did not know their actions amounted to theft.

The refinery produced 24,504,000 litres of Kerosene since January and 19,158,000 litres had been evacuated.

The list comprises 18 Nigerian companies, 11 International Traders, five foreign refineries, and others.

The president is personally championing the move to supply crude to Kaduna refinery, NNPC chief says.

U.S. Plans to reduce importation of Nigerian crude. The Federal Government on Tuesday assured Nigerians that the country’s economy is ...

The Federal Government said on Tuesday that it has commenced efforts to recover huge oil revenues laundered abroad by companies ...

The Onijegun of Ijegun, a traditional ruler in Lagos State, Nureni Akinremi, said on Thursday that he had set up ...

The Monetary Policy Committee is not happy with the National Assembly's interference in crude benchmark.

The finance minister said anything above the $75 could hurt the economy

The JTF discovered the illegal refinery site on a creek in the boundary village between Edo and Ondo State.