Tag: Crude Oil

The federal government is set to introduce a new crude grade, medium sweet Obodo, which is projected to hit the ...

The federal government has confirmed that the Naira-for-crude-oil swap deal remains in place, countering recent reports of its termination at ...

Nigeria's economy faces significant challenges as crude oil prices remain volatile, jeopardising the federal government's ambitious revenue target of N36.35 ...

Nigeria's crude oil production has surpassed 1.5 million barrels per day (mbpd) for the first time in four years, surpassing ...

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 ...