34 firms get NNPC’s crude-oil-for refined fuel swap contract
The Nigerian National Petroleum Corporation (NNPC), has contracted about 34 companies to carry out its crude oil for refined fuel ...
Tag: crude oil
CBN report shows Nigeria’s oil revenue declined by N62 billion in May
The latest economic report released by the has revealed that Nigeria's oil revenue declined by N62.2 billion in May 2019. ...
Shell recorded a $260.57 million loss due to vandalism
The Royal Dutch Shell has decried the incessant increase in pipeline vandalism and crude oil theft at its facilities in Nigeria.
What the Ghanaian President thinks about Dangote Refinery
Ghanaian Government has expressed its optimism towards the Dangote Refinery. The West African country is certain when the refinery begins operation, ...
ICE to launch Nigerian crude oil derivatives next week
Brent crude contracts were developed in 1988.
NEPC wants crude oil loss to translate into non-oil export gains
The Executive Director, Nigeria Export Promotion Council (NEPC) Olusegun Awolowo yesterday claimed that the Federal Government (FG) lost N30 trillion ...
Nigeria’s biggest crude oil buyer is looking for another customer
India, which is Nigeria's biggest crude oil buyer, has made moves to purchase oil from the United States. Data from ...
Crude oil produced under every Nigerian President since 1960
The National Bureau of Statistics released data on Nigeria's crude oil production value and volume from 1961 to 2014. The data ...
This oil company will double its production by 2019
The Nigerian Petroleum Development Company(NPDC) has indicated it will double its production rates by 2019. The company currently produces 180,000 ...
