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The 6 Division troops, in collaboration with various security agencies, have intensified their operational efforts, leading to the dismantling of 32 artisanal refineries in the Niger...
The 6 Division of the Nigerian Army, in partnership with various security agencies, has maintained its vigorous efforts in combating oil theft within the Niger Delta...
The House of Representatives has instructed the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to furnish comprehensive information regarding all oil production, crude sales, and other operations...
The Nigerian National Petroleum Company Limited (NNPCL) has clarified the reason for the seeming discrepancy between its figures on crude oil production and those released by...
Following recent trends, Nigeria’s crude oil production has been projected to reach 2 million barrels per day (mbpd) by December 2024. On Thursday, November 14, the...
Oil prices turned upward yesterday after initially dropping over $2 per barrel, despite a report of unexpected growth in U.S. crude stockpiles, as released by the...
The Nigerian Ports Authority (NPA) has announced that seven ships are scheduled to arrive at Lagos ports on Friday, carrying various petroleum products. NPA’s “Daily Shipping...
Nigeria’s crude oil fell to $72 per barrel yesterday, down from $75 per barrel, representing an 8.2 percent decline compared to the $77.96 per barrel benchmark...
Amid a steep decline in fuel consumption due to surging fuel prices, oil marketers in Nigeria are facing unprecedented challenges, with around 10,000 dealers on the...
The Dangote Petroleum Refinery has taken delivery of four crude oil cargoes from the Nigerian National Petroleum Company Limited (NNPCL) as part of the naira-for-crude agreement,...
The NNPC Limited and Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has announced a significant oil discovery with the successful drilling of the Meji NW-1 well...
The President of Dangote Group, Aliko Dangote has advised the Federal Government to put an end to all crude oil for loan deals. He stated this...
The Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that under the incumbent government, Nigeria remains committed to adhering to the production quota established...
The Federal Government and Dangote Refinery have finalized an agreement for the supply of 12 million barrels of crude oil to the facility in October. Aliko...
The Chairman of Heir Holdings, Tony Elumelu, has said the federal government knows those behind crude oil theft in Nigeria. Tony Elumelu said oil theft is...
Dangote Refinery has said it was yet to receive the 29 million barrels of crude oil the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it allocated...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims by the management of the Dangote Petroleum Refinery that it has not properly enforced the domestic...
The Crude Oil Refiners Association of Nigeria (CORAN) has said its members are yet to buy crude oil in naira in line with federal government’s directive....
The Presidency has said the increase in crude oil output to 1.7 million barrels per day was possible because of President Bola Tinubu’s political will. The...
The House of Representatives has decided to disband the existing ad-hoc Joint Downstream and Midstream Committee that was tasked with examining the importation of contaminated petroleum...