The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says it has achieved 1.8 million barrels per day crude production following continuous dislodgement of pipeline vandals and...
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This is according to a statement by...
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), has raised the alarm over the failure of the Nigerian...
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has directed oil refiners in the country to provide monthly price quote on crude supply. The NUPRC directed producers...
The Federal Government says improved security in the Niger-Delta is responsible for the increased crude oil production to 1.65 million barrels per day as against the...
The Nigeria Army has seized about 5 million litres of stolen crude oil, worth billions of naira, a senior army official has revealed. Maj.-Gen. Jamaal Abdussalam,...
The National Security Adviser (NSA), Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite...
Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, says the company has terminated its crude-for-petrol swap deal, otherwise called Direct...
Below are the top 11 members of the Organization Of The Petroleum Exporting Countries (OPEC) with highest daily crude oil production. The unit of measurement in...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said spent over N13 trillion or $74 billion on fuel subsidies in 16 years, which is between 2005...
Petroleum, also known as crude oil, or simply oil is found accumulated in various porous rock formations in Earth’s crust and is extracted for burning as...
Crude oil, as a natural resource, is the main source of foreign exchange for some African countries. Its production and sales could have a major effect...
