NSC Reiterates Commitment To Non-oil Export
The Nigerian Shippers’ Council (NSC) has reiterated deepened commitment to the promotion of the country’s...
Oil & Gas
Nigeria May Spend N3.55tn On Fuel subsidy in 2022 – Report
A report by Cordros Securities, at the weekend, said the amount spent by the federal...
Brent crude oil price rises to $113 a barrel, Nigeria may not reap benefit due to production constraint
Oil prices climbed more than 2% on Friday and were set to rise for a...
Nigeria’s Oil Production Quota Rise To 1.772mbpd
The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from...
Russian Deputy PM Says Several Buyers Agree To Pay In Roubles For Russian gas
Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy...
Buhari Seeks Senate Approval To Raise 2022 Oil Budget Benchmark to $73 per Barrel, Subsidy to N4trn
President Buhari has sent a memo to the Senate, seeking adjustments to the 2022 fiscal...
Nigeria’s Crude Oil Production Dropped To 1.354m bpd in March – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) said Nigeria’s crude oil production declined to...
Oil Dives 4%, Below $100 On Reserves Release, China Lockdowns
Oil prices fell about 4% on Monday, with Brent crude tumbling below $100 a barrel...
Agip Cuts Gas Export By 5 MMSCM/d Declares ‘Force Majeure’ On Its Gas Export Feed
Italian parent company to Nigerian Agip Oil Company (NAOC), Eni has said the damage inflicted...
Oil Nears Pre-war Levels As China Remains In Lockdown
Oil prices are facing another weekly loss, following their biggest weekly loss in two years...
