Nigeria’s crude oil production rises to 1.235 million bpd in December 2022 – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the country’s crude oil production rose to 1,235,317 million barrels ...
Tag: Crude oil
Reps To Engage Stakeholders On Suspected Illegal Crude Sale
The House of Representatives says it plans to partner with stakeholders to investigate the alleged loss of over 2.4 billion ...
Dangote, Other African Refineries Require 1.7m bpd Of Crude Oil
As the push from fossil fuels continues in the developed countries with reduced buyers for Nigeria and other African crude, ...
Nigeria’s daily crude oil production crawls to 1.41 million bpd in November 2022
Nigeria’s daily crude oil production output increased slightly to a daily average of 1.41 million barrels in November 2022. This ...
Nigeria Loses Three Million Oil Barrels Monthly – FG
The Federal Government on Monday revealed that its latest findings showed that about 1.2 million barrels of crude oil was ...
Nigeria to maintain quota as OPEC+ slashes crude output target by 2mbpd
…Analysts expect higher oil prices The Organisation of Petroleum Exporting Countries and its allies, (OPEC+), on Wednesday agreed to slash ...
Crude Oil falls to $88/barrel, OPEC considers 1mbpd cut
Brent, the global benchmark for crude, appreciated in price on Monday as the Organisation of Petroleum Exporting Countries (OPEC) and ...
Angola, Libya overtake Nigeria as Africa’s biggest Oil Producer
Angola and Libya have overtaken Nigeria as the biggest crude oil producers in the African continent The Organisation of the ...
Crude Oil Underproduction to Persist over Prolonged Repairs at Forcados Terminal
Nigeria’s underproduction of crude oil will persist as repair work on Forcados, a key oil terminal, will drag till the ...
‘Depletion Of Excess Crude Is For Security Purposes’- Finance Minister
Zainab Ahmed, minister of finance, budget and national planning, says state governors, in consultations with the national economic council (NEC), ...
