OPEC reports drop in Nigeria’s crude oil production
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined to an average of 1.354 million ...
Tag: Oil
Indigenous Oil Services Expert proffers solution to oil theft
An Indigenous player in the energy sector, Mr Victor Ekpenyong, has urged the federal government and oil firms to leverage ...
Increase in crude oil price, energy disruption call for security
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says global increase in crude oil price occasioned by the conflict between Russia ...
Nigeria moves to halt crude oil theft, protect national asset
The Federal Government says it is determined to stop the devastation occasioned by the activities of illegal refiners, pipeline vandalism ...
OPEC Quota: How to increase Nigeria’s oil production-Expert
An Oil and Gas Expert, Mr Charlse Majomi, has called for a concerted drive and clearer fiscal terms to incentivise ...
CSOs seek dialogues on PIA and Divestments by oil firms from onshore assets
Two Civil Society Organisations, Health of Mother Earth Foundation (HOMEF) and We the People advocated action by stakeholders on trend ...
Oil, gas firms owe Nigeria N1.32trn
The Nigeria Extractive Industries Transparency Initiative (NEITI, said oil and gas companies liabilities to the Federation Accounts as at Dec. ...
Oil coy expresses interest in NIPP plants
The Nigerian National Petroleum Company Limited (NNPCL), has expressed interest to participate in the acquisition of power plants for sale ...
Crude oil price hit $113
Crude oil price yesterday continued its upswing as Brent, Nigeria’s benchmark crude, rose above $113 per barrel for the first ...
Russia, Ukraine war causes spike in oil prices
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on ...
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