Oil Theft: NNPC Records 400 Incidents Cases in One Week
The Nigerian National Petroleum Company (NNPC) Ltd has recorded a total of 400 incidents of...
Oil & Gas
Fuel Marketers Deny Importation of Substandard Products
Fuel Marketers under the auspices of the Depot and Petroleum Products Marketers Association of Nigeria...
Operators Seek FG Intervention as Marketers Plump for Fuel Import
Operators in the downstream oil sector, on Monday, called on the Federal Government to intervene...
Dangote Accuses Oil Companies of Manipulating Crude Oil Prices, Sabotaging His Refinery Operations
The Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has...
Aiteo to Resume Production in Nembe OML 29 Field after Oil Spill
Aiteo Eastern Exploration and Production Company (AEEPCO), the operator of the NNPC / Aiteo Joint...
Nigeria’s 2024 Oil Bid Round to Explore 37.5bn Crude Reserve
The Nigerian Upstream Regulatory Commission (NUPRC), is projecting to use expanded oil block currently on...
Aiteo Shuts Down Nembe Facility Over Oil Leak in Bayelsa
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture...
FG Predicts Potential Revenue Loss of N3.89trn, Stemming From Reduced Oil Production Levels
The federal government’s target revenue for 2024 is projected to decline by N3.89 trillion due...
OPEC Extends Nigeria’s 1.5 Million Daily Crude Production Quota
The Organization of Petroleum Exporting Countries, OPEC+ extended its production cuts as it seeks to...
Brent Crude Price Plunges 3% to Below $80, Lowest Since February
Brent crude futures dropped by 49 cents, or 0.63%, to $77.87 per barrel. This marked...
