Tag: Crude Oil

Oil Producing Community Development Network (AKIPCON), an environmental justice advocacy organisation, has made a case for proper compensation and resettlement ...

Minister of finance and coordinating minister of the Nigerian economy, Wale Edun, has said the federal government would commence sale ...

The federal government has inaugurated the technical sub-committee tasked with developing the framework for the sale of crude oil to ...

Domestic refineries in the country, mainly the 650,000 barrels-per-day capacity Dangote Refinery, have raised their crude oil requirements from Nigeria’s ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced an increase in the daily Crude oil production in Nigeria, from ...

Nigeria’s average daily crude oil production rose marginally to 1.276 million barrels per day (bpd) in June, the Organisation of ...

Federal government is expected to generate $4 billion annually from trading about 50 million barrels on Nigeria’s commodities exchange. The ...

Brent, the global benchmark for crude, has risen to $87.92 per barrel after the Organisation of Petroleum Exporting Countries (OPEC) ...

Nigeria experienced a significant surge in its crude oil output, rising by 7.7% in December 2023, according to the Organisation ...

Nigeria, the largest producer of crude oil in Africa, recorded an increment in its crude oil output in December 2023, ...