BUA petrochemical project will add value to economy
The Commissioner for Information and Strategy in Akwa Ibom, Mr Ini Ememobong, says the BUA Petrochemical project in the state...
Natural Resources
OTL Africa inaugurates new advisory board
oil pipelines Africa Petroleum Downstream Week has inaugurated its new Advisory Board made up of eminent...
Nigeria produced 17.6m barrels of crude oil 2021
The total volume of crude oil and condensate that Nigeria produced last year was 17,686,919 barrels, The Nation learnt yesterday....
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
refinery and fertiliser plant The establishment of Dangote Refinery will reduce by 36 per cent, the...
Nigeria’s crude oil production drops to 1.338mbpd
Nigeria’s crude oil production dropped to an average of 1.338 million barrels per day in December 2021, the Organisation of...
No removal of petroleum subsidy – Senate President
Senate President Ahmed Lawan has assured Nigerians that subsidy on Petroleum Motor Spirit (PMS) will not be removed for now...
Nigerians happy over rising price of crude oil
Oil Nigerians should ordinarily be rejoicing over the rising prices of crude oil in the international...
US oil reserve slips over years
Proven oil reserves in the United States slipped 19 per cent over the course of 2020, from 44.2 billion barrels...
OPEC daily basket price now $86.54 per barrel
OPEC The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude...
IPMAN BoT warns against proposed inauguration of parallel NEC
The Board of Trustees (BoT) of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned against the planned inauguration...
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