FG Announces Indefinite Continuation of Naira-Based Crude, Refined Product Sales
The Federal Government has reaffirmed its commitment to the ongoing policy of conducting crude oil...
Oil & Gas
Oil Prices Drop to $64.80 as Trade War Fuels Recession Fears
Samuel Mobolaji Crude oil prices dropped to their lowest levels since April 2021 on Monday,...
Heirs Energies to Deliver 100,000 Barrels of Oil Production Daily
Samuel Mobolaji Heirs Energies is making significant investment progress as it prepares to exert...
Oil Production Output Drops By 50,000bpd In March
Nigeria’s oil production output dropped by 50,000 barrels a day to an average of...
Port Harcourt Refinery to Receive three Bonny Light crude Cargoes
Samuel Mobolaji The 210,000 barrels a day (b/d) Port Harcourt refinery, has been allocated three...
Oando Seals underwriting Pact with Afreximbank’s Insurance Subsidiary
Oando Plc has entered into a strategic partnership with AfrexInsure, the specialty insurance subsidiary of African...
NNPC Nears IPO Listing, Engages Partners for Final Preparations
Samuel Mobolaji The Nigerian National Petroleum Company Limited (NNPC Ltd) is in the final stages...
Nigeria to Unveil New crude Grade in Global Oil Market
Samuel The federal government is set to introduce a new crude grade, medium sweet...
Trans Niger Oil Pipeline Resumes Operation After Blast
Samuel Mobolaji Nigeria’s Trans Niger oil pipeline has been fully restored and is working normally,...
Rivers Pipeline Explosions Threaten Nigeria’s Crude Output, Revenue Plunge
On Tuesday, a catastrophic explosion rocked several communities in Rivers State, particularly at the Trans...
