NUPRC Says Local Refineries Must Get Crude Supply Before Export
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday met with crude oil producers in the country in...
Oil & Gas
Oil Prices May Hit $157/brrl Over Israel-Palestine Conflicts- World Bank
The World Bank has issued a warning saying that even a small disruption to crude...
NNPCL Reports 144 Crude Oil Theft Incidents in 7 Days
The Nigerian National Petroleum Company Limited (NNPCL) has reported 144 crude oil theft incidents in...
Kaduna Refinery To Be Ready By Q4 2024, Says Lokpobiri
In a statement shared by the Nigerian National Petroleum Company (NNPC) Limited, Lokpobiri gave the timeframe...
Oil Prices Rebound by 2.2% to $89.90/pbrrl
Despite conflicts in the Middle East, the global prices of crude oil edged higher, as...
$7bn inflow: Nigeria’s Naira Set to Soar as Government Securitizes NLNG Dividends
The federal government has formulated a plan to securitize approximately $7 billion in dividends derived...
FG urges African Countries to Reposition Local Content for Oil, Gas
The Federal Government says is time for African countries to reposition local content in the...
Oil Prices Down by 0.11% to $87.97/brrl Over Negative Demand Outlook
Following slowdown in demand amidst weak economic data from Europe and intensified diplomatic efforts to...
Nigeria Records 4,145 Crude Oil Thefts in Five Months -Report
It is alarming to discover that there have been 4,145 recorded crude oil theft incidents...
Nigeria Switches Daily Small River Vessels to Transportation of Oil –NCTL
Nigeria has recently switched to using small river vessels to transport some of its oil...
