Reps Launch Investigation Into $850bn Unrepariated Crude Oil Export Proceeds
The House of Representatives, on Wednesday, began investigation into alleged non-repatriation of Nigeria’s crude oil export proceeds estimated at over ...
Tag: Crude Oil
Oil, Condensate Output Drop To 1.5mbpd In September, Production Hindered By Workers’ Strike
Crude oil and condensates production for the month of September 2025 fell to an average of 1.581 million barrels per ...
Enhanced Regulation In The Oil And Gas Sector
Nigeria’s economic mainstays, oil and gas, have remained a blessing. Some experts insist they are more of a burden. As ...
Oil Prices Climb To Seven-week High
Oil prices climbed about 3% to a seven-week high on Wednesday as a surprise drop in U.S. weekly crude inventories ...
Why We Set Up First Of Its Kind $400m Crude Oil Terminal In Rivers – Prof Adegbulugbe
The Chairman of Green Energy International Limited (GEIL), Prof. Anthony Adegbulugbe, has disclosed that the firm’s establishment of the first ...
India Expands Crude Purchase From Nigeria
India Oil Corp has significantly sustained oil imports from Nigeria after skipping the purchase of U.S. oil in its latest ...
Federal Gov’t Achieves Oil Revenue Target, Attributes Feat To Military, PINL Operations
The federal government has announced for the first time in many years, that it met the oil and gas sector ...
Crude Tensions Over Crude Oil: Brothers At War Over Oil Wells
Something deep inside keeps telling me Nigeria would have been far better without crude oil. And I believe it! Nigeria ...
Nigeria’s Crude Grade Price Hits $72/b As Regional Tension Heightens
Crude grade price from Nigeria appreciated above $70 per barrel, marginally higher than the major oil contracts traded on the ...
Dangote Refinery To End Crude Importation By Year-end – Report
The Dangote Refinery may end crude oil import as it considers sourcing the entire crude required for the 650,000-barrel-per-day refinery ...
