Five economic benefits of selling Crude oil to Dangote refinery in Naira
The Federal Government of Nigeria has listed some of the benefits of selling Crude oil to Dangote refinery and other ...
Tag: crude oil
Libya denies talks of crude oil supply to refineries in Nigeria
The National Oil Company of Libya, also known as NOC, has denied holding negotiations to supply crude oil to any ...
International Oil Companies are not refusing to sell crude oil to Dangote Refinery- NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that International Oil Companies (IOCs) are not refusing to sell crude ...
Dangote Refinery acquires additional 5 million barrel of crude oil from US – Report
Dangote Refinery is ramping up crude oil production with a purchase of additional 5 million barrels from the United States ...
Nigeria Crude oil contracts near $90 a barrel amid tight supply
Nigerian crude contracts were little changed on Friday but were set to rise for a second week amid signs of ...
Nigeria crude settles at $81 a barrel despite meltdown in global crude oil market
Nigeria’s Brass River, Bonny Light, and Qua Iboe are trading above $81.55 a barrel, about two dollars higher than the ...
OPEC keeps Nigeria’s crude oil production quota for 2025 at 1.5million bpd
The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries and its allies (OPEC+) has pegged Nigeria’s ...
CBN names 11 pre-shipment agents for crude oil, gas exports in Nigeria
The Central Bank of Nigeria (CBN) has approved the appointment of 11 pre-shipment monitoring and evaluation agents for oil and ...
Why Nigeria may not benefit from local refining of crude oil- NESG
The Nigerian Economic Summit Group (NESG) has stated that unless certain conditions are met, Nigeria may not reap the benefits ...
Seplat Energy posts pre-tax profit of $69.3 million in Q1 2024
Seplat Energy Plc has released its unaudited financial statements for Q1 2024. The company posted a net loss of $1.93 ...
