Nigerian crude takes new hit as buyers turn to cheaper Russian grade
Nigerian crude grades are failing to attract buyers from Europe, China and India as traders, to cut cost, shift to a blend of WTI (the main oil benchmark for North…
Nigerian crude grades are failing to attract buyers from Europe, China and India as traders, to cut cost, shift to a blend of WTI (the main oil benchmark for North…
The Nigerian National Petroleum Company has confirmed that once the Dangote Refinery starts pumping out refined petroleum products from late July or early August, the NNPCL will cut down on…
The House of representatives yesterday urged the Federal Government and Nigerian National Petroleum Corporation Limited (NNPCL) to outsource the operations and maintenance of the nation’s refineries to reputable International Oil…
Nigeria’s oil and condensate reserves fell by 0.22 percent in January 2022 to 36.966 billion barrels in January 2023. Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga…
The newly unveiled 150 million metric standard cubic feet per day natural gas city gate in Ogun State by the Nigerian National Petroleum Company Gas Marketing Limited and its joint…
The Nigerian National Petroleum Company Limited (NNPC) will resume oil search in Lake Chad next week, the Group Chief Executive Officer (GCEO), Malam Mele Kyari, said yesterday. He said this…
In its May 2023 report, the Organization of Petroleum Exporting Countries (OPEC) said on Thursday that the country’s oil output, excluding condensate, fell by 23% month over month to 999,999…
The board chairman of Seplat Energy Plc, Basil Omiyi has disclosed that Seplat Energy’s total revenue rose by 29.8 per cent to $951.8 million while profit before tax rose by…
Nigeria’s position as Africa’s top crude oil producer has officially returned as its top competitor on the continent, Angola, saw subsequent drops in its production figures. According to the latest…
TotalEnergies EP Nigeria Limited has disclosed that its plastic recycling plant has in one year, removed and recycled over 200 tons of plastic waste into high quality resins. The Executive…