NNPC refineries dormant for 3 months

NNPC, Chinese firm conclude plans to commence AKK project , NNPC refineries dormant for three months, post losses for 13 straight months, Atlantic Council Global Energy Forum, Pipeline Vandalism: Stakeholder collaboration, critical to tame menace - Kyari, Importing petroleum products must stop, NNPC has over $20bn assets - Kyari, Nigeria loses $750 million to crude oil theft in 2019 – NNPC, NNPC to begin gas pipeline construction for Nigerian economy boost, Crude Oil: Unsold cargoes forces price slash

The three ailing refineries managed by the Nigerian National Petroleum Corporation (NNPC) have failed to process crude oil for three ...

Crude oil prices record gains after tropical storm hit Gulf of Mexico, The world's biggest oil hedge program underway, crude oil, Nigeria's Crude oil, Bonny light crude oil crashes as Nigeria runs into deeper revenue crisisBonny light crude oil crashes as Nigeria runs into deeper revenue crisis, Brent crude futures gained 0.92%, at $36.08 per barrel, while the U.S. West Texas Intermediate (WTI) crude futures also gained 0.54%, at $33.67 a barrel, Crude oil prices hit $40 per barrel as inventory build-up declines, EIA increases Brent price projection by $2.50 for 2020

U.S returns to Nigerian Oil, imports N349 billion crude oil in three months

by Bamidele Samuel Adesoji

September 16, 2019

U.S returns to Nigerian Oil, imports N349 billion crude oil in three months

NCDMB launches LPG Composite Cylinder Manufacturing plant in Bayelsa, IOCs, Nigeria, Timipre Sylva, crude oil, Minister proposes 2020 timeline for rehabilitation of Warri, Kaduna refineries , FG to cut huge energy cost through gas commercialisation initiative, FG discloses plan to sell fuel at N97 per litre , FG give reasons why it won’t allow marketers determine petrol price despite deregulation, FG explains reasons for deregulating downstream oil sector

Crude oil production: Nigeria has become a laughing stock – Petroleum Minister

by Damilare Famuyiwa

August 28, 2019

The newly-sworn-in Minister of State for Petroleum Resources, Timipre Sylva has said that FG should reduce the production cost of ...

NNPC, Domestic Crude Allocation, Why NNPC’s Duke Oil is quitting London operations for Dubai , NNPC divests stake in four oil wells to NPDC , How NNPC discovered oil, gas deposits in the North , Nigeria to leverage on condensate refineries to be petrol net exporter, How NNPC saved $3 billion from arbitration , NNPC, IPPG donate medical supplies to South West state governments, NNPC discloses bases for employment and managerial progression in the oil firm, NNPC diversifies into housing, power; plans to beat crude production cost to $10 per barrel

NNPC under-remits N77.92 billion deducted from earnings

by Damilare Famuyiwa

August 23, 2019

NNPC under-remitted N297 billion deducted from earnings from the Domestic Crude Allocation as costs and losses.

Modular refineries in Imo, Bayelsa get NCDMB’s equity investment

by Damilare Famuyiwa

August 20, 2019

Modular refineries in Imo, Bayelsa get NCDMB’s equity investment

NNPC to maintain crude oil production cut amidst bearish market trend

by Bamidele Samuel Adesoji

August 15, 2019

The Nigerian National Petroleum Corporation (NNPC) will maintain its crude oil production cut despite the recent bearish trend in the global ...

DAPPMAN highlights critical role of warehousing and logistics in growth of downstream sector, Oil, Oil prices slump from 5 week high over lockdown concerns

U.S. phasing out Nigeria’s oil, increases grip on Nigeria’s stronghold

by Fakoyejo Olalekan

August 13, 2019

Nigeria’s position in global oil sales is being threatened by the United States oil surge and expansion.

global oil market, Bonny Light and Brent crude oil, Arthur Eze, Nigeria cuts crude oil production to 1.77mbpd, Nigeria wants international oil companies to pay up now , OPEC+ deal gets a boost as Russia and Saudi Arabia consider further output cut, 4 key reasons why Brent crude might slip back to $35 per barrel, How substantial is compliance for the Oil market?

34 firms get NNPC’s crude-oil-for refined fuel swap contract

by Damilare Famuyiwa

July 16, 2019

The Nigerian National Petroleum Corporation (NNPC), has contracted about 34 companies to carry out its crude oil for refined fuel ...

Nigeria needs to produce, export more oil and gas to sustain fiscal needs -Economist

CBN report shows Nigeria’s oil revenue declined by N62 billion in May

by Bamidele Samuel Adesoji

July 1, 2019

The latest economic report released by the has revealed that Nigeria's oil revenue declined by N62.2 billion in May 2019. ...

Shell Nigeria Exploration and Production Company, SNEPCo, Bonga, Oilfield, Bidders, Royal Dutch Shell Plc, Malabu oil, Dutch prosecutors, Italy London court

Shell recorded a $260.57 million loss due to vandalism

by Charles Abuede

June 16, 2019

The Royal Dutch Shell has decried the incessant increase in pipeline vandalism and crude oil theft at its facilities in Nigeria.

Tag: crude oil