Nigeria’s oil production dropped by 6% to 1.23m bpd in March – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude…
Tantita, security operatives parade vessel, crew members arrested for oil theft
Tantita Security Services Nigeria Limited, TSSNL, in collaboration with security operatives, paraded…
$20bn Dangote Refinery to import crude oil from United States
The $20 billion Dangote Refinery has concluded plans to import crude oil…
Standard Bank predicts 1.59m bpd oil output, naira to trade at N1,171/$ in 2024
The Standard Bank says Nigeria’s crude oil production, including condensates, will increase…
Kaduna, Dangote, BUA refineries may source crude oil from abroad
The Nigerian National Petroleum Company Limited (NNPCL) may begin importation of 110,…
In compliance with PIA, NNPC agrees to supply Dangote Refinery six million barrels in December
The Nigerian National Petroleum Company Limited (NNPC) will supply the new 650,000…
Crude shortage delays Dangote refinery, five others’ take-off
The failure to supply crude oil to domestic refineries, including the multi-billion…
Nigeria now third largest oil producer in Africa, says OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s oil production…
Oil price rises to $77 a barrel, first time in six weeks
Oil prices rose marginally on Friday amid supply concerns in the global…
Nigeria owing Vitol, BP $3bn for crude oil swap contracts
Nigeria is reportedly owing about $3 billion to trading houses and oil…