Nigeria has faced a setback in its oil revenue target for 2025, losing 2.04 million barrels of oil in the…
Browsing: crude oil
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced full availability on all major crude oil pipelines across the…
The Nigerian Navy says its operations have restored near normalcy in the nation’s crude oil production.
Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, adding to fears of oversupply of crude.
Nigeria’s crude oil is now selling for less than $65 per barrel, dipping below the Federal Government’s benchmark price, as…
The federal government has officially announced the commencement of crude oil sales to Dangote Refinery, and other local refineries in the local currency, naira on October 1, 2024.
The Nigeria Customs Service (NCS) has said Nigeria’s crude oil production has reached 1.66 million barrels per day. The spokesperson…
President Bola Ahmed Tinubu has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other…
The Group Chief Commercial Officer of Dangote Industries Limited, Rabiu A. Umar told newsmen in Kano on Friday that NNPC supplies only 33 percent of the crude to the refinery, disclosing that it had to look elsewhere to source the remaining 67 percent to meet its production capacity.
President Bola Tinubu has directed security agencies to improve the security architecture to ensure the production of 2.1 million barrels of crude oil per day.